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Cooper: Chengshan worth US$440 million, say valuers

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Cooper Tire & Rubber Company has reported the results of its long-awaited independent valuation of Cooper Chengshan (Shandong) Tire Company Ltd (CCT). The valuation, which is also the option price, was determined to be RMB 2.722 billion roughly US$440 million at the current exchange rate.

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Related news:

  1. Chengshan to buy out Cooper for US$286 million
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  3. Cooper Tire gives Chengshan option to buy, values CCT at US$435 million
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