Goodyear announced on Tuesday that it will sell the Dunlop brand to Sumitomo Rubber Industries Ltd. for an estimated $701 million.
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 ...
AKRON — Goodyear has agreed to sell the North American and European rights to the venerable Dunlop tire brand — which has roots dating back more than 130 years — to Sumitomo Rubber Industries Ltd.
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, ...
CLEVELAND — The Akron-based Goodyear Tire & Rubber Company announced this week it has "signed a definitive agreement" to sell its Dunlop tire brand to a Japanese corporation for a net cash total ...
Pursuant to the transaction terms, SRI will pay Goodyear cash proceeds at closing of approximately $701 million for the transfer of the Dunlop Brand across the relevant geographies, a "Transition ...
Goodyear sells Dunlop brand to Sumitomo Rubber for $701M, retaining rights to motorcycle tires in Europe. Goodyear to continue producing Dunlop tires in Europe until 2025, using proceeds to reduce ...
Goodyear is looking to streamline its business, with the sale of the tyre brand Dunlop being one vehicle to do this ...
Goodyear Tire & Rubber (NASDAQ:GT) said Tuesday it agreed to sell its Dunlop tire brand to Japan's Sumitomo Rubber Industries for $701M in cash. Under the deal terms, Goodyear (GT) said it will ...
The Goodyear Tire and Rubber Company has entered into a definitive agreement to divest its Dunlop brand to Sumitomo Rubber ...
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 ...