fbpx
SA Treads
Advertisement
  • Home
  • Advertise
  • About SA Treads
  • From the Editor
  • International
  • Southern Africa
  • SATreads Digital Issue
  • Contact Us
No Result
View All Result
  • Home
  • Advertise
  • About SA Treads
  • From the Editor
  • International
  • Southern Africa
  • SATreads Digital Issue
  • Contact Us
No Result
View All Result
SA Treads
No Result
View All Result
Home International

Goodyear Tire acquires Cooper Tire for USD 2.5 Billion

Liana Shaw by Liana Shaw
February 24, 2021
in International
0
Goodyear Tire acquires Cooper Tire for USD 2.5 Billion
0
SHARES
7
VIEWS
Share on FacebookShare on Twitter

It has been announced that Goodyear Tire & Rubber and Cooper Tire & Rubber have issued a joint statement that Goodyear will purchase Cooper Tire for an approximate USD 2.5 Billion. This huge transaction will mean that Goodyear Shareholders will own approximately 84 per cent of the combined companies and Cooper shareholders will own approximately 16 per cent.

The acquisition transaction has been approved by the Boards of Directors of Goodyear and Cooper and Richard J Kramer, Goodyear’s Chairman, CEO and President says, “The addition of Cooper’s impressive tyre product portfolio and manufacturing capabilities coupled with Goodyear’s technology and industry leading distribution will enable the combined companies to provide enhanced services for our customers and consumers.”

Previous Post

Inaugural season of new Extreme E Race Series gets underway in Saudi Arabia in April 2021

Liana Shaw

Liana Shaw

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest

14 of the best car tyres for 2019

May 6, 2019
Diversity, inclusion and new face of business – An exclusive with Jacques Fourie

Diversity, inclusion and new face of business – An exclusive with Jacques Fourie

September 14, 2020
New energy, renewed vision at Goodyear South Africa as the Company appoints new Managing Director to spearhead local operations

New energy, renewed vision at Goodyear South Africa as the Company appoints new Managing Director to spearhead local operations

December 2, 2020
SA Treads Digital Dec./Jan. 2021  – Release

SA Treads Digital Dec./Jan. 2021 – Release

December 15, 2020
Diversity, inclusion and new face of business – An exclusive with Jacques Fourie

Diversity, inclusion and new face of business – An exclusive with Jacques Fourie

4
MIND THE POTHOLE! – By Liana Shaw

MIND THE POTHOLE! – By Liana Shaw

4

Coronavirus hits tyre makers hard

2
Revolution Tyres Expands Product Portfolio

Revolution Tyres Expands Product Portfolio

2
Goodyear Tire acquires Cooper Tire for USD 2.5 Billion

Goodyear Tire acquires Cooper Tire for USD 2.5 Billion

February 24, 2021
Supa Quick wins 2020 Ask Afrika Orange Index Award

Inaugural season of new Extreme E Race Series gets underway in Saudi Arabia in April 2021

February 23, 2021
Supa Quick wins 2020 Ask Afrika Orange Index Award

Supa Quick wins 2020 Ask Afrika Orange Index Award

February 22, 2021
Goodyear add new driving simulator at European innovation centre

Goodyear add new driving simulator at European innovation centre

February 19, 2021

Recent News

Goodyear Tire acquires Cooper Tire for USD 2.5 Billion

Goodyear Tire acquires Cooper Tire for USD 2.5 Billion

February 24, 2021
Supa Quick wins 2020 Ask Afrika Orange Index Award

Inaugural season of new Extreme E Race Series gets underway in Saudi Arabia in April 2021

February 23, 2021
Supa Quick wins 2020 Ask Afrika Orange Index Award

Supa Quick wins 2020 Ask Afrika Orange Index Award

February 22, 2021
Goodyear add new driving simulator at European innovation centre

Goodyear add new driving simulator at European innovation centre

February 19, 2021

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Recent News

Goodyear Tire acquires Cooper Tire for USD 2.5 Billion

Goodyear Tire acquires Cooper Tire for USD 2.5 Billion

February 24, 2021
Supa Quick wins 2020 Ask Afrika Orange Index Award

Inaugural season of new Extreme E Race Series gets underway in Saudi Arabia in April 2021

February 23, 2021

Download Latest SATreads Digital Magazine

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2020 - SA Treads news & tyre portal

No Result
View All Result

© 2020 - SA Treads news & tyre portal