Goodyear to sell Dunlop brand to Sumitomo Rubber Industries

Goodyear to sell Dunlop tire brand — plus 5 more M&A deals to know
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 consideration.
Goodyear to sell Dunlop tire brand to Japanese rubber company for $701 million
Goodyear will continue making and selling Dunlop tires in Europe through at least the end of 2025 under a transition agreement.
Dunlop Brand Changes Hands: Goodyear Strikes $701 Million Deal with Sumitomo To Power Forward Plan
The Goodyear Tire & Rubber Company (NASDAQ:GT) shares are trading flat premarket on Wednesday. On Tuesday, the company entered a deal to sell its Dunlop brand to Sumitomo Rubber Industries (SRI) for cash proceeds of around $701 million.
Goodyear Announces Sale of Dunlop Brand to Sumitomo Rubber Industries
The Goodyear Tire & Rubber Company announced that it has signed a definitive agreement to sell the Dunlop brand to Sumitomo Rubber Industries, Ltd.
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 Signs Contract to Sell Dunlop to Sumitomo Rubber
GT signs a definitive agreement to sell the Dunlop brand to Sumitomo Rubber, including trademarks and intangible assets necessary for its operations.
Goodyear Tire To Sell Dunlop Brand To Sumitomo Rubber Industries For About $701 Mln
Goodyear Tire & Rubber Company (GT) announced that it has agreed to sell the Dunlop brand to Sumitomo Rubber Industries, Ltd. The
Sumitomo Rubber to buy Dunlop brand in U.S., Europe from Goodyear
KOBE, Japan -- Japan's Sumitomo Rubber Industries announced Wednesday that it will acquire the Dunlop tire brand for Europe, North America and Oceania from U.S.-based Goodyear Tire & Rubber.
Goodyear's sale of Dunlop is seen as a strategic move to streamline its business
Goodyear Tire & Rubber (NASDAQ:GT) jolted the auto supplier sector earlier in the week by announcing the sale of the Dunlop ...
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Sumitomo eyes returning Dunlop to premium brand status
Regaining control of the Dunlop brand in North America and Europe is part of Sumitomo Rubber Industries' strategy to ...
Goodyear Tire to sell Dunlop brand to Sumitomo Rubber for $701M
Goodyear Tire (GT) announced that it has signed a definitive agreement to sell the Dunlop brand, comprising trademarks and intangible assets ...