Apollo says US bid target Cooper Tire has not met $2.5-bln offer terms

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Last updated: 16 October, 2013

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Apollo says US bid target Cooper Tire has not met $2.5-bln offer terms (via AFP)

India’s Apollo Tyres has asked a US court to declare conditions needed to close a $2.5-billion bid for Ohio-based Cooper Tire have not been satisfied but added it still believes the proposed deal is “compelling”. The proposed merger announced in June…

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