Goodyear sells Dunlop for $701million
Goodyear Tire & Rubber Company has announced the sale of its Dunlop brand to Sumitomo Rubber Industries (SRI) for cash proceeds of approximately $701 million upon closing, alongside additional payments such as a Transition Fee and compensation for Dunlop tire inventory. This definitive agreement will transfer the Dunlop brand, trademarks, and other associated intellectual property […]