Cooper Tire and Rubber Co. testified in court it could have expedited its $2.5 billion buyout by Apollo Tyres if it had been allowed to take part in union negotiations, Bloomberg News reported.
(Reuters) - Apollo Tyres Ltd (NSI:APOLLOTYRE) did not breach its obligation to close its $2.5 billion buyout of Cooper Tire & Rubber Co (NYS:CTB - News) last month as originally agreed, a Delaware ...
MUMBAI (Reuters) - U.S.-based Cooper Tire & Rubber Co (NYS:CTB - News) said it was terminating a proposed $2.5 billion sale to Apollo Tyres Ltd (NSI:APOLLOTYRE), with both sides threatening legal ...
New York (AFP) - US manufacturer Cooper Tire & Rubber has walked away from a deal with India's Apollo Tyres that would have created the world's seventh-largest tire maker by revenue, the firm said ...
* Deal could be for $600 mln-$800 mln - India's EconomicTimes * Cooper Tire shares jump as much as 11 pct(Adds details) Oct 11 (Reuters) - Indian tire manufacturer ...
One of the largest U.S.-based tire manufacturers, Cooper Tires, is set to merge with India-based Apollo Tyres in a $2.5-billion deal. Since 1914, Cooper Tires has been based out of Ohio and is the ...
This collaboration builds on a previous agreement made last year, where Apollo Tyres Ltd began supplying the Vredestein Ultrac for BMW models such as the X1, X2, and 5 Series (225/55 R18 102Y XL).
On Aug 19, 2014, we issued an updated research report on Cooper Tire & Rubber Co. ( CTB). This Zacks Rank #2 (Buy) stock's earnings per share increased to 59 cents in the second quarter of 2014 from ...
India's Apollo Tyres Ltd. is buying Ohio's Cooper Tire & Rubber Co. for about $2.22 billion, boosting its presence in North America and other key markets around the world. Apollo said Wednesday that ...