Yokohama Rubber in talks to buy Goodyear's off-road tyre business for at least $1 bln, Bloomberg says-February 2024-www.financetom.com

Yokohama Rubber in talks to buy Goodyear's off-road tyre business for at least $1 bln, Bloomberg says

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Yokohama Rubber in talks to buy Goodyear's off-road tyre business for at least $1 bln, Bloomberg says

Jul 9, 2024 10:39 PM

TOKYO, July 10 (Reuters) - Japan's Yokohama Rubber ( YORUF )

is in talks to buy Goodyear Tire & Rubber's ( GT )

off-road tyre business for at least $1 billion, Bloomberg

reported on Wednesday.

Yokohama Rubber's ( YORUF ) shares fell as much as 7% before paring

some losses to trade down 4.5% by late trade.

Yokohama Rubber ( YORUF ) declined to comment on the report.

Previous page： Are you dreamscrolling? Three ways to avoid overspending Next page： BRIEF-Accenture Agrees To Acquire Italy's Fibermind

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Are you dreamscrolling? Three ways to avoid overspending

Jun 19, 2024

NEW YORK, June 19 (Reuters) - Beth Martin may be a designer in Charleston, South Carolina, but, in her head, she is in the south of France, touring a 1700s chateau. Real estate site Zillow ( ZG ) is where Martin tends to take a break, procrastinate and wonder what she would buy if money were no object. I'm not...

BRIEF-Accenture Agrees To Acquire Italy's Fibermind

Jun 19, 2024

June 19 (Reuters) - Accenture PLC ( ACN ): * ACCENTURE ( ACN ): AGREED TO ACQUIRE FIBERMIND, ITALY-BASED NETWORK SERVICES CO * ACCENTURE ( ACN ): TERMS OF TRANSACTION WERE NOT DISCLOSED Source text for Eikon: Further company coverage: ...

More worries for China, sales at big e-commerce festival drop for first time

Jun 19, 2024

SHANGHAI (Reuters) -Sales fell for the first time ever at China's blowout mid-year e-commerce sales festival as consumers remain cautious about spending as the economy sputters, according to third-party data estimates released on Wednesday. Combined gross merchandise volume (GMV), a widely used proxy for e-commerce sales, reached 742.8 billion yuan ($102.36 billion) across China's major online platforms during the so...

China state asset manager invests in ETFs tracking Hong Kong-listed SOEs

Jun 19, 2024

SHANGHAI, June 19 (Reuters) - China Reform Holdings Corp has invested in exchange-traded funds (ETFs) tracking Hong Kong-listed Chinese state-owned enterprises, the manager of state assets said on Wednesday, in a move to support the companies and stabilise the market. The move sends a positive signal of being firmly optimistic about the long-term value of Hong Kong-listed central SOEs, the...