Goodyear Tire & Rubber sells majority of chemical business

6 hours ago 1
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  • The Goodyear Tire & Rubber (NASDAQ:GT) has sold a majority of its chemical business to an affiliate of private equity firm, Gemspring Capital Management, for $650M.
  • The acquisition includes two facilities in Houston and Beaumont, Texas, and an R&D facility in Akron, Ohio.

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