India's Apollo Tyres to take control of Cooper Tire - media
Oct 11 (Reuters) - Indian tyre manufacturer Apollo Tyres
is in the process of buying a controlling stake in Cooper Tire & Rubber Co , India's Economic Times reported. ()
The deal could be in a range of $600-800 million, the newspaper said citing sources.
Cooper Tire's shares jumped as much as 11 percent to $20.76 on the New York Stock Exchange on Thursday.
(Reporting by Sagarika Jaisinghani in Bangalore; Editing by Rodney Joyce)
Keywords: COOPERTIRE OFFER/