Price dispute stalls Apollo’s Cooper acquisition plans

Apollo Tyres' planned acquisition of US-based tyre manufacturer Cooper Tire & Rubber has run into more trouble, this time over the price of the deal. While the sale was originally set at US$2.5bn, Apollo claims that Cooper has acknowledged that some price reduction is now warranted, owing to "significant and Subscribe to Automotive World to … Continued

Apollo Tyres' planned acquisition of US-based tyre manufacturer Cooper Tire & Rubber has run into more trouble, this time over the price of the deal. While the sale was originally set at US$2.5bn, Apollo claims that Cooper has acknowledged that some price reduction is now warranted, owing to "significant and

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https://www.automotiveworld.com/articles/apollo-tyres-acquisition-plans-in-trouble-over-price/

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