You are here: / / / Loan to be Used in Bridgestone/Bandag Buy

Loan to be Used in Bridgestone/Bandag Buy

Author: Tyrepress Editors Comments: 0

(Akron/Tire Review) Bridgestone Corp. said yesterday that it will use a bank loan to facilitate Bridgestone Americas Holding’s acquisition of Bandag Inc., announced earlier this week. BAH is buying the retreading giant for $1.05 billion in cash, with Bandag becoming an operating subsidiary of BAH. The deal is expected to close by mid-2007.

Related news:

  1. Bridgestone Shares Rise on Back of Bandag Acquisition
  2. Bandag Faces Lawsuit over Bridgestone Purchase
  3. Bridgestone Launch Bandag Chain to Boost Japanese Retreads
  4. Bridgestone Buys Bandag for US$1.05 billion
Comments
Comments closed
Share this entry
Bandag Sold to Bridgestone for $1 billion Cooper to Circle the Globe

We see you are visiting us from China.

If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.