US court dismisses case against Apollo Tyres filed by CooperDelaware Chancery Court Judge Sam Glasscock III in the judgement had said Cooper failed to comply with its contractual obligations.
24 Dec, 2014, 02.05 PM IST
Apollo Tyres hits 52-week high on US court ruling; more upside seenShares of Apollo Tyres rallied over 5% after the Delaware Court in the US announced ruling in its favour against Cooper Tire & Rubber Compa...
03 Nov, 2014, 03.09 PM IST
Time to pick Apollo Tyres for long run post termination of Cooper Tire deal?Analysts see termination of the Cooper Tire deal will be beneficial to Apollo Tyres and the stock is likely to resume its upward trend.
07 Jan, 2014, 04.33 PM IST
With Cooper Tire deal off, Apollo can now play catch up with MRFRevenue, profits, margin and growth rates are similar and together Apollo and MRF control more than 50% of the organised tyre market.
02 Jan, 2014, 09.17 AM IST
Apollo Tyres scrip settles 6% up after Cooper calls off dealShares of Apollo Tyres rallied as much as 11.54% after the Cooper Tire terminated its troubled $2.5-bn deal with the Indian tyre-maker.
31 Dec, 2013, 06.23 PM IST
Apollo Tyres shares gain nearly 8 per cent on boursesApollo Tyres today soared nearly 8 per cent amid hopes it will get a better deal to acquire US-based Cooper Tire & Rubber Co.
24 Dec, 2013, 06.27 PM IST
Cannot see value creation for minority shareholders of Apollo Tyres: Ambit Capital"We turned sellers on the back of the Cooper Tire deal, because we could not see where the value creation for minority shareholders would c...
20 Dec, 2013, 01.50 PM IST
US court dismisses Cooper Tire’s plea in Apollo deal caseCooper Tire & Rubber Co on Monday lost its court bid to force Apollo Tyres Ltd to complete their proposed $2.3 billion merger.
18 Dec, 2013, 06.54 AM IST
Apollo Tyres shares up nearly 5 pc after US court rulingAfter surging 6.14 per cent intra day to Rs 76 on the BSE, the Apollo Tyres scrip finally ended the day at Rs 74.50, up 4.05 per cent.
11 Nov, 2013, 05.49 PM IST
Cooper inks tentative pact with Union, awaits Apollo responseThe US firm had alleged that the Indian firm was seeking to delay an agreement with United Steelworkers (USW).
04 Nov, 2013, 03.43 PM IST
Apollo Tyres rallies over 4% as $2.5 bn Cooper Tire deal falls apartApollo Tyres Ltd rallied as much as 4.5 per cent in morning trade on Tuesday, on reports that the its bid to buy Cooper Tire for $2.5 billi...
08 Oct, 2013, 10.22 AM IST
- Cooper Tire calls shareholders meet to vote on takeover by Apollo
US-based Cooper Tire has called a special meeting of its shareholders on Sept 30 to vote on the proposed acquisition of the company by Apol...
30 Aug, 2013, 06.35 PM IST
Apollo Tyres shares extend slide; drops 30% in 2 daysApollo Tyres closed 5.6 per cent lower at Rs 64.75, after falling as much as 8.7 percent to Rs 62.60, their lowest since January 2012.
14 Jun, 2013, 04.18 PM IST
Brokers' Picks: Goldman neutral on Apollo TyresThe acquisition of US-based Cooper Tire appears significant in terms of Apollo Tyres market cap
14 Jun, 2013, 05.28 AM IST
Apollo Tyres tanks 26%, hits 52-week low on Cooper Tire dealThe acquisition is expected to be value accretive from year one and the management expects synergies of US$80-100 mn over three year period.
13 Jun, 2013, 03.54 PM IST
Apollo Tyres tanks 22%, hits 52-week low on Cooper Tire dealApollo Tyres Ltd plunged nearly 22 per cent in afternoon trade on Thursday to hit its 52-week low of Rs 72.
13 Jun, 2013, 01.02 PM IST
Apollo Tyres tanks 20%, hits 52-week low on Cooper Tire dealThe acquisition of Cooper Tire & Rubber Company of the US will make Apollo Tyres the world's seventh largest tyremaker.
13 Jun, 2013, 10.19 AM IST