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Goodyear to sell Dunlop brand to Sumitomo Rubber
Goodyear to divest Dunlop brand to Sumitomo Rubber for $701m
The Goodyear Tire and Rubber Company has entered into a definitive agreement to divest its Dunlop brand to Sumitomo Rubber Industries (SRI).
Dunlop Brand Changes Hands: Goodyear Strikes $701 Million Deal with Sumitomo To Power Forward Plan
The Goodyear Tire & Rubber Company (NASDAQ:GT) shares are trading flat premarket on Wednesday. On Tuesday, the company entered a deal to sell its Dunlop brand to Sumitomo Rubber Industries (SRI) for cash proceeds of around $701 million.
Goodyear to sell Dunlop tire brand to Japanese rubber company for $701 million
Goodyear will continue making and selling Dunlop tires in Europe through at least the end of 2025 under a transition agreement.
Goodyear Announces Sale of Dunlop Brand to Sumitomo Rubber Industries
The Goodyear Tire & Rubber Company announced that it has signed a definitive agreement to sell the Dunlop brand to Sumitomo Rubber Industries, Ltd.
Sumitomo aims to make Dunlop a ‘core brand’ following acquisition
Sumitomo acquires Dunlop to grow it as a premium tire brand. Focus includes Active Tread technology and motorsports.
Goodyear Plans to Sell Dunlop Brand for About $700 Million
Goodyear Tire & Rubber plans to sell its Dunlop brand to Japan’s Sumitomo Rubber Industries for about $700 million. The Ohio-based tiremaker said Tuesday that it agreed to sell the Dunlop trademarks and intangible assets in Europe,
Tire Maker Goodyear to Sell Dunlop Brand to Japan's Sumitomo Rubber for $701 Million
(Reuters) -Goodyear Tire & Rubber Co said on Tuesday that it will sell its Dunlop brand to Japan's Sumitomo Rubber Industries for $701 million in cash as part of a plan to streamline its business. The sale covers the Dunlop brand and its trademarks in Europe, North America and Oceania, the company said.
Goodyear sells Dunlop brand to Sumitomo for $701M
Goodyear has signed a long-anticipated agreement to sell the venerable Dunlop tire brand — which has roots back more than 130 years — to Sumitomo Rubber Industries Ltd. (SRI) for approximately $701 million in cash.
Goodyear Tire to sell Dunlop brand to Sumitomo Rubber for $701M
Goodyear Tire (GT) announced that it has signed a definitive agreement to sell the Dunlop brand, comprising trademarks and intangible assets
Goodyear Signs Contract to Sell Dunlop to Sumitomo Rubber
The Goodyear Tire & Rubber Company GT recently signed a definitive agreement to sell the Dunlop brand, including trademarks and intangible assets necessary for its operations in Europe, North America and Oceania,
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