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10% Share Of Sumitomo Rubber Industries for Goodyear

As part of the global alliance between Goodyear and Sumitomo Rubber Industries (SRI) Goodyear now owns 10% of SRI making the Americans the second largest shareholder of the Japanese company. The biggest one is Sumitomo Electric Industries owning 29.5%.

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Related news:

  1. “Sam” Gibara Joins SRI Board
  2. Hyosung to Buy Goodyear Tyre Cord Plants
  3. Bridgestone Widens Lead in Fortune Global 500
  4. Shares Strong for US Tyremakers
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Concentration In Japan: SRI Raises Stake In Ohtsu To 51 Per Cent

Sumitomo Rubber Industries (SRI) has raised its 41% stake in Ohtsu to 51% and will pay about 30 million Euro. This transaction makes SRI the second biggest tyre manufacturer in Japan after Bridgestone.

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Related news:

  1. Bridgestone sells tyres with unauthorized JIS mark
  2. Bridgestone to Increase Prices in Japan
  3. Bridgestone Concludes Anti-Vibration Rubber JV Agreement
  4. Yokohama Advan Sport Chosen as OE for Nissan 370Z
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