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Cooper Tire, unions reach deal
2013-11-05 13:33:08| Industrial Machines - Topix.net
Cooper Tire & Rubber Co. said it has reached a tentative agreement with its labor unions that would fulfill a requirement of the imperiled and soon-to-be litigated merger deal with Apollo Tyres Ltd. A $2.5 billion deal for Apollo to buy Cooper has been on the rocks for a variety of issues, including an arbitrator's ruling that Apollo must have an ... (more)
Cooper Tire in Tentative Deal with Workers over Merger
2013-11-02 05:40:57| Industrial Machines - Topix.net
Cooper Tire & Rubber Co said it reached a tentative agreement with workers represented by United Steelworkers union as part of its push to close its planned $2.5 billion sale to India's Apollo Tyres Ltd .
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Apollo Tyres, Cooper Tire haggle over $2.5 bn deal value as wrinkles emerge
2013-10-07 13:02:22| Industrial Machines - Topix.net
Apollo Tyres has said it may have to bear 'significant and unanticipated costs' that were 'well beyond' those it was obligated to bear under the initial merger agreement.
Cooper Tire Moves Court to Push Apollo on $2.5 bln Deal
2013-10-06 07:50:15| Industrial Machines - Topix.net
A cyclist rides past an Apollo tyre kept on display at a multi-brand tyre showroom in New Delhi June 13, 2013.
Cooper Tire seeks to push Apollo to close deal
2013-10-05 06:42:48| Industrial Machines - Topix.net
Cooper Tire Rubber Co. filed a complaint in Delaware Chancery Court on Friday asking that Apollo Tyres Ltd. be required to quickly close on their pending deal.
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