Goodyear Tire & Rubber (NASDAQ:GT) jolted the auto supplier sector earlier in the week by announcing the sale of the Dunlop brand to Sumitomo for $701 million in cash. The transaction includes Dunlop ...
Goodyear will continue making and selling Dunlop tires in Europe through at least the end of 2025 under a transition agreement.
When Goodyear announced its "Goodyear Forward" plan in late 2023, there undoubtedly were those who expected it to be nothing more than a slash-and-burn strategy. But 14 months into the initiative, ...
Goodyear Tire & Rubber Co. (NASDAQ: GT) this week agreed to sell its Dunlop tire brand to Sumitomo Rubber Industries Ltd., the Japanese tire and rubber maker, for $701 million in cash and other ...
Goodyear sells Dunlop brand to Sumitomo Rubber for $701 million. Deal includes brand transfer, ongoing agreements, and debt reduction.
The Goodyear Tire and Rubber Company has entered into a definitive agreement to divest its Dunlop brand to Sumitomo Rubber ...
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.
Goodyear is looking to streamline its business, with the sale of the tyre brand Dunlop being one vehicle to do this ...
Goodyear Tire & Rubber GT1.34%increase; green up pointing triangle plans to sell its Dunlop brand to Japan’s Sumitomo Rubber Industries 5110 0.09%increase; green up pointing triangle for about ...
Under the transaction terms, Sumitomo will pay USD 526 million for the Dunlop brand and its associated intellectual ...
The Goodyear Tire and Rubber Company has entered into a definitive agreement to divest its Dunlop brand to Sumitomo Rubber Industries (SRI). This transaction encompasses the sale of trademarks and ...
Goodyear Tire (GT) announced that it has signed a definitive agreement to sell the Dunlop brand, comprising trademarks and intangible assets necessary for operations of the brand business in ...