Goodyear completes acquisition of Cooper Tire

摘要

US: Goodyear Tire Rubber Co.has completed its $2.5 billion(€2.1 billion)acquisition of Cooper Tire Rubber Co.which was originally announced in February.The cash-and-stock purchase combines"complementary product portfolios,services and capabilities to create a stronger US-based leader in the global tire industry,"said Goodyear in a statement 7 June.The merger,strengthens Goodyear's"leading position"in the US while"significantly growing its position in other North American markets,"said Richard Kramer,Goodyear chairman,CEO and president.