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 ...

Sumitomo Rubber Industries generated double-digit earnings growth in fiscal 2024, thanks in part to the appreciation of the ...

(RTTNews) - Goodyear Tire & Rubber Company (GT) announced that it has agreed to sell the Dunlop brand to Sumitomo Rubber Industries, Ltd. The sale includes trademarks and intangible assets ...

Tokyo, Jan. 8 (Jiji Press)--Japan's Sumitomo Rubber Industries Ltd. said Wednesday that it will acquire Dunlop trademark rights in Europe, North America and Oceania for 526 million dollars from U ...

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. The ...

After a massive rebound in profits and a game-changing transformation plan, Goodyear just sent shockwaves through the market.

Although Sumitomo Rubber Industries (SRI) achieved a 2.9 per cent increase in sales revenue and business profit for the fiscal year ending 31 December 2024, operating profit and profit attributable to ...

to Sumitomo Rubber Industries. The sale of the Dunlop Brand follows a previously announced strategic review of the brand. Pursuant to the transaction terms, SRI will pay Goodyear cash proceeds at ...

The Goodyear Tire and Rubber Company has entered into a definitive agreement to divest its Dunlop brand to Sumitomo Rubber Industries (SRI). This transaction encompasses the sale of trademarks and ...