Cooper Tire & Rubber has announced it has concluded an agreement to increase its ownership in its affiliated, China–based, Cooper Kenda Tire (CKT) operations to 100% from 50%. The cost is US$116.5m and the transaction is expected to be completed by 15 March 2011, through a wholly-owned subsidiary of Cooper. The Subscribe to Automotive World … Continued
Cooper Tire & Rubber has announced it has concluded an agreement to increase its ownership in its affiliated, China–based, Cooper Kenda Tire (CKT) operations to 100% from 50%. The cost is US$116.5m and the transaction is expected to be completed by 15 March 2011, through a wholly-owned subsidiary of Cooper.
The
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Subscribe
Already a member?
https://www.automotiveworld.com/articles/86141-china-cooper-tire-takes-100-control-of-kunshan-jv/
Join our LinkedIn Group
Let us help you understand the future of mobility
