Oct 07, 2013, 10.20 AM IST
Cooper Tire on Friday said it has filed a complaint in a US court to push Apollo Tyres to close its acquisition of the US company in a timely manner.
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Apollo Tyres shares surge on Cooper Tire deal uncertainty
Cooper Tire on Friday said it has filed a complaint in a US court to push Apollo Tyres to close its acquisition of the US company in a timely manner.
Like this story, share it with millions of investors on M3
Apollo Tyres shares surge on Cooper Tire deal uncertainty
Cooper Tire on Friday said it has filed a complaint in a US court to push Apollo Tyres to close its acquisition of the US company in a timely manner.
Cooper Tire on Friday said it has filed a complaint in a US court to push Apollo Tyres to close its acquisition of the US company in a timely manner.
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Completion of the deal is also seen facing delays due to opposition from workers at Cooper's joint venture in China and US labour issues.
Apollo shares have struggled since announcing the deal earlier this year as the Indian tyre maker plans to fund the acquisition entirely through debt.
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