Continental announces preliminary key data for the first quarter of 2021
The financial results of Continental AG in the first quarter of fiscal 2021 are above…
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Apr 28, 2021
Apr. 27—Goodyear Tire & Rubber Co’s proposed acquisition of Cooper Tire & Rubber Co. has received approval from China’s State Administration for Market Regulation.
The Chinese antitrust agency approved the deal last last week.
Goodyear shareholders will own about 84% of the combined company, and Cooper shareholders will own 16%.
The merger is expected to close in the second half of this year.
Source: Yahoo!
Tire and Rubber Association of Canada
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