Apollo Tyres announces closure of $ 60 mn Sumitomo Rubber Industries deal

Apollo Tyres announced the closure of the transaction with Sumitomo Rubber Industries (SRI), where in SRI takes over Apollo Tyres South Africa (ATSA) including the Ladysmith passenger car tyre plant, and the Dunlop brand rights that Apollo had in 32 countries of Africa, for $ 60 million.

The Hindu