Apollo-Cooper Tires Tie-Up Talks Sour
  • Elizabeth George
  • Oct 08 2013

October 8: Apollo Tyres' talks to buy Cooper Tire & Rubber for $2.5 billion are souring after each side said the other is breaching parts of a merger agreement. One must remember that markets were not very welcoming of this deal and so far, there has been a lot of back and forth between the two parties. Bloomberg TV India discusses the impact on the company, if Apollo does pull out of the deal.