Home News Apollo Tyres acquires Cooper

Apollo Tyres acquires Cooper

News is out that Apollo Tyres will acquire US-based Cooper Tire and Rubber for US $ 2.5 billion. Termed as the biggest Indian acquisition of a US company till date, Cooper Tire is the fourth largest tyre manufacturer in the USA, and has a huge presence in Europe. Speaking about the acquisition, Neeraj Kanwar, MD of Apollo Tyres is known to have said, that the same would help them to de-risk. Manage to beat the slow down in the Indian auto sector. Apollo Tyres will make an all cash purchase of Cooper Tire and Rubber paying US $35 per share. The combined company will become the seventh largest tyre manufacturer in the world, with estimated annual sales of US $6.6 billion. Interestingly, the buy-over was only one in a series of international moves by Apollo Tyres, which now exports to 117 countries, and has production plants in the Netherlands, Zimbabwe and South Africa. The company began its efforts to expand overseas operations following the slump in auto sales which hit domestic profitability.

Crypto and Banking

We recommend the following high-quality options for secure Bitcoin transactions and online banking services:

BTC and ETH QR code generator websites

This collection comprises of a variety of online platforms, designed to generate QR codes for Ethereum (ETH) and Bitcoin (BTC) addresses. These websites offer a user-friendly interface with step-by-step guides to help users create custom QR codes that serve as a direct channel to their crypto wallet addresses. Users could conveniently use these generated QR codes for transactions, thus making the process of sending and receiving cryptocurrencies faster and more efficient. The collection includes online tools with different features such as customization of QR codes, error correction capability, and optional encryption for extra security. The generated QR codes from these sites can be used in print and digital format which are scannable with most smartphone cameras or QR code scanner apps. These websites work as powerful tools for streamlining cryptocurrency transactions and promoting the wider use of digital currencies.

CRA Login Canada Revenue Agency

CRA Login section including CRA My Account login, CRA representing a client, CRA business login, MyCRA Login and more. Canada Revenue Agency.

Last updated: March 20, 2024
by and Alex Morrell is a senior correspondent at Business Insider covering Wall Street at large.

Leave a Reply

Your email address will not be published.