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 ...
(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 ...
Sumitomo will acquire the Dunlop tire brand from Goodyear for $701 million, according to Modern Tire Dealer. The deal covers trademarks and “intangible assets necessary for the operations of the brand ...
Regaining control of the Dunlop brand in North America and Europe is part of Sumitomo Rubber Industries' strategy to ...
D: Goodyear has signed a long-anticipated agreement to sell the North American and European rights to the venerable Dunlop ...
Sumitomo Rubber Industries Ltd. said Wednesday it will acquire from U.S. tire maker Goodyear Tire & Rubber Co. the Dunlop brand business in Europe, North America and Oceania for $526 million.
Goodyear (GT) also will license back the Dunlop trademarks from Sumitomo for use on commercial (truck) tires, while retaining its rights to the Dunlop trademarks for use on motorcycle tires in ...
Under the transaction terms, Sumitomo will pay USD 526 million for the Dunlop brand and its associated intellectual ...
As per the deal, Sumitomo Rubber Industries will pay Goodyear ... Goodyear will license back the Dunlop trademarks from SRI for commercial (truck) tires in Europe on a long-term basis, subject ...
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 ...