Apollo Tyres

Cooper Tire terminates merger talks with Indian manufacturer Apollo Tyres

US-based firm Cooper Tire & Rubber Company announced via press release that it has called off its merger plans with India-based manufacturer Apollo Tyres and will focus on building its business instead.

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Delaware court issues ruling on Cooper-Apollo case

According to Judge Sam Glasscock, it found Cooper's allegations to be without merit as against the actions of Apollo in its buyout negotiations.

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Apollo, Copper disagree on proposed price offer

Apollo Tyres and Cooper Tire & Rubber Co had been on a disagreement over a proposed decrease in price offered by Apollo to take over the US firm, reported Reuters.

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Cooper Tire seeks court intervention to move Apollo Tyres to complete acquisition

A suit had been filed in the Delaware Chancery Court to compel Apollo to complete its acquisition of Cooper Tire.

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Cooper Tire asks court to require immediate close of its deal with Apollo

Cooper Tire & Rubber Co filed a complaint in the Delaware Chancery Court to compel Apollo Tyres in closing its acquisition transaction soon, said a Reuters report.

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RBI to scrutinize pending foreign deals

The Reserve Bank of India would scrutinize pending foreign deals after the steep fall in rupee's value.

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Apollo Tyres fell by 18% After Cooper Deal

India-based Apollo Tyres Ltd shares were down by 18% after the announced US$2.4 million deal to acquire Cooper Tire & Rubber Co. due to worries of the company's debt.

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Apollo Tyres Buys Out Cooper Tire and Rubber

Apollo Tyres purchases the shares of Cooper Tire and Rubber to create the seventh largest tire company in the world.

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