Cooper drops investment in Kumho's stock

    Jan. 1, 2020
    Cooper Tire has liquidated its investment in the Kumho Tire Co. Cooper acquired an 11 percent interest in Kumho in early 2005, when Kumho?s initial public offering became available on the Korea and London stock exchanges.
    Untitled Document

    Cooper Tire has liquidated its investment in the Kumho Tire Co. Cooper acquired an 11 percent interest in Kumho in early 2005, when Kumho’s initial public offering became available on the Korea and London stock exchanges.

    The transaction includes payment of $107 million plus interest.

    For more information, visit www.coopertireandrubber.com and www.kumhotireusa.com.

    Continue Reading

    Sponsored Recommendations

    Learn how ADAS utilizes sensors such as radar, sonar, lidar and cameras to perceive the world around the vehicle, and either provide critical information to the driver or take...
    Enhance your collision repair workflow with Autel’s IA900, a process-driven solution integrating precision alignment, bi-directional diagnostics, and ADAS calibration. Designed...
    The Autel IA700 is a state-of-the-art and versatile wheel alignment pre-check and ADAS calibration system engineered for both in-shop and mobile applications...
    Discover how the investment in an extended-height paint booth is a game-changer for most collision shops with this Free Guide.