bearish
Strategic Shift: Goodyear's OTR Business Sold To Yokohama Amidst Strong Q2 Performance
10 Views02 Aug 2024 11:10
In a significant development, the Goodyear Tire and Rubber Company has announced that it is selling its Off-the-Road (OTR) tire business to Yokohama Rubber Company Limited for US$905 million in cash while the company reversed its losses in the second quarter of this year.
What is covered in the Full Insight:
- Introduction
- Transaction Overview
- Goodyear's Financial Performance
- Yokohama's Future Plans
- Conclusion
SUMMARY
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