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Cooper Tire ends $2.5-billion sale agreement with India's Apollo
2013-12-30 14:30:47| Industrial Machines - Topix.net
Cooper Tire & Rubber Co. said Dec. 30 it is terminating a proposed $2.5-billion sale to Apollo Tyres Ltd. of India.
Tags: sale
agreement
ends
cooper
Cooper setback in Apollo deal
2013-12-18 12:39:54| Industrial Machines - Topix.net
Cooper Tire & Rubber Co.' s efforts to force India's Apollo Tyres Ltd. to complete its proposed acquisition of the U.S. company for $2.3 billion received another legal setback, paving the way for the Indian company to walk away from the deal.
Tags: deal
cooper
apollo
setback
Cooper Tire loses court bid to rescue Apollo merger
2013-12-17 04:03:03| Industrial Machines - Topix.net
The Delaware Supreme Court dismissed Cooper's appeal against an earlier ruling that Apollo was meeting its obligations to reach new contract terms with unions at Cooper plants in Ohio and Texas.
Cooper to Try to Save Apollo Deal at Dec 19 Court Hearing
2013-11-16 05:43:50| Industrial Machines - Topix.net
Cooper Tire & Rubber Co will make a last-ditch effort to save its sale to Apollo Tyres Ltd on December 19, as it seeks a ruling from Delaware Supreme Apollo, which would become the world's seventh-biggest tire maker, wants to pay less than the $35 per share agreed in June because of demands by unions at Cooper plants and disruptions at Cooper's ... (more)
Apollo Tyres Didn't Breach Union Obligations, Judge Rules
2013-11-13 03:50:17| Industrial Machines - Topix.net
A Delaware Judge ruled that Apollo Tyres didn't breach its obligations to try to resolve a dispute with a labor union during its acquisition of Cooper Tire and Rubber Co., Bloomberg News reported.
Tags: rules
union
judge
obligations
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