Goodyear and Sumitomo have a significant history together when it comes to the Dunlop brand. In 1999, Goodyear acquired 10% of SRI, creating a nearly $16 billion joint venture that gave Goodyear ...

Goodyear Tire & Rubber (NASDAQ:GT) jolted the auto supplier sector earlier in the week by announcing the sale of the Dunlop brand to Sumitomo for $701 million in cash. The transaction includes ...

Goodyear said Sumitomo Rubber will pay the U.S. company about $701 million at closing for the transfer of the Dunlop brand across the relevant geographies, certain fees associated with the ...

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.

As part of a Transition License Agreement (TLA), Goodyear will continue to manufacture, sell and distribute Dunlop-branded consumer tires in Europe until at least Dec. 31, 2025, with a potential ...

Goodyear sells Dunlop brand to Sumitomo Rubber for $701 million. Deal includes brand transfer, ongoing agreements, and debt reduction.

Goodyear sells Dunlop brand assets for $701 million ...

This story was updated to add new information. The Goodyear Tire & Rubber Co. is offloading most of its connections with the Dunlop brand, the Akron company announced Tuesday after reaching a deal ...

Goodyear Tire & Rubber GT 1.80 % increase; green up pointing triangle plans to sell its Dunlop brand to Japan’s Sumitomo Rubber Industries 5110 2.85 % increase; green up pointing triangle for ...

Gross cash proceeds at closing of approximately $701 million. Advances Goodyear Forward transformation plan, optimizes portfolio of brands. Goodyear to supply Dunlop tires to Sumitomo Rubber ...

Goodyear sells Dunlop brand assets for $701 million. Open in App. Get 45% Off. Sign In; Free Sign Up ...

As part of the agreement, Goodyear will continue to manufacture and distribute Dunlop branded consumer tires in Europe until at least December 31, 2025, with the possibility of a one-year extension.