Oct 11 (Reuters) - Indian tyre manufacturer Apollo Tyres
is in the process of buying a controlling stake inCooper Tire & Rubber Co , India's Economic Timesreported. ()
The deal could be in a range of $600-800 million, thenewspaper said citing sources.
Cooper Tire's shares jumped as much as 11 percent to $20.76on the New York Stock Exchange on Thursday.
(Reporting by Sagarika Jaisinghani in Bangalore; Editing byRodney Joyce)
((sagarika.jaisinghani@thomsonreuters.com)(within U.S. +1 646223 8780, outside U.S. +91 80 4135 5800)(Reuters Messaging:sagarika.jaisinghani.reuters.com@reuters.net))
Keywords: COOPERTIRE OFFER/