Goodyear to sell Dunlop brand to Sumitomo Rubber Industries

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 Tire & Rubber Co (GT) Stock: Analyzing Its Quiet Power
Goodyear Tire & Rubber Co (GT) stock saw a decline, ending the day at $8.75 which represents a decrease of $-0.25 or -2.78% from the prior close of $9. The stock opened at $9.1 and touched a low of $8.
Sumitomo Rubber acquires Goodyear’s Dunlop tire brand for $701M
Goodyear sells Dunlop brand to Sumitomo Rubber for $701 million. Details on the strategic deal and financial impact.
Goodyear to sell Dunlop tire brand — plus 5 more M&A deals to know
Goodyear's turnaround plan takes a step forward, plus details on five other M&A deals in Northeast Ohio. Goodyear Tire & Rubber Co. (NASDAQ: GT) this week agreed to sell its Dunlop tire brand to Sumitomo Rubber Industries Ltd.
What’s Driving Goodyear Tire & Rubber Co (GT) Stock’s -17.78% Plunge Over the Past Month?
Goodyear Tire & Rubber Co (GT) stock saw a modest uptick, ending the day at $8.83 which represents a slight increase of $0.08 or 0.91% from the prior close of $8.75. The stock opened at $8.8 and touched a low of $8.
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,
Goodyear to sell Dunlop brand to Sumitomo Rubber Industries for estimated $701M
Goodyear announced on Tuesday that it will sell the Dunlop brand to Sumitomo Rubber Industries Ltd. for an estimated $701 million.
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Goodyear Tire & Rubber Company is a global leader in tire manufacturing, offering a wide range of tires for various vehicles including cars, trucks, buses, motorcycles, and even aircraft.