Corporate News     13-Jun-13
Apollo Tyres Acquire cooper Tire & Rubber Company
On 12 June 2013
Apollo Tyres has announced that the board of directors of the company will acquire Cooper Tire & Rubber Company, merger of such subsidiary into Cooper in an all cash transaction valued at approximately $2.5 billion.

This strategic combination will bring together two companies with highly complementary brands, geographic presence, and technological expertise to create a global leader in tire manufacturing and distribution.

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