S&C, Jones Day on $2.5 Billion Cooper Tire Acquisition

Sullivan & Cromwell and Jones Day have the lead roles on Apollo Tyres’ $2.5 billion purchase of The Cooper Tire & Rubber Co.

Cooper Tire, the fourth-largest tire manufacturer in North America, announced Wednesday that it would sell itself to Apollo Tyres, Indias second-largest tire company, in an cash deal. Bloomberg reports that the deal is the largest takeover of an auto parts maker since 2007.

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