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Cooper Tire terminates $2.5 billion deal with Apollo Tyres

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Reuters
Last Updated : Dec 30 2013 | 5:47 PM IST

REUTERS - Cooper Tire & Rubber Co said it was not going ahead with a $2.5 billion merger with Apollo Tyres.

Cooper said Apollo notified the company that financing for the deal was no longer available.

(Reporting by Aradhana Aravindan in Mumbai and Mridhula Raghavan in Bangalore)

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First Published: Dec 30 2013 | 5:30 PM IST

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