Cooper to try to save Apollo deal at December 19 court hearing

Last Updated: Saturday, November 16, 2013, 16:02

Cooper Tire & Rubber Co will make a last-ditch effort to save its sale to Apollo Tires Ltd on December 19, as it seeks a ruling from Delaware Supreme Court that could force the Indian company to complete their proposed $2.3 billion merger.

Apollo shares rise 5.65% on US judge ruling

Last Updated: Monday, November 11, 2013, 10:31

Shares of Apollo Tyres rose as much as 5.65 percent on Monday after a US judge ruled that the Indian company did not breach its obligation to close its US D2.5 billion buyout of Cooper Tire & Rubber Co.

Favourable 'partial ruling' given in spat with Cooper: Apollo

Last Updated: Saturday, November 9, 2013, 14:26

Apollo Tyres on Saturday said it has received a favourable 'partial ruling' from a US court in its dispute with Cooper Tire over their proposed USD 2.5-billion merger agreement and stated it is committed to finding a 'sensible way forward'.

Cooper Tire heads to court to save $2.5 bn Apollo deal

Last Updated: Monday, November 4, 2013, 23:39

Cooper Tire & Rubber Co of the United States and Apollo Tyres Ltd of India should be enjoying a honeymoon. Instead they head to court on Tuesday over their failure to close Apollo`s planned USD 2.5 billion takeover of Cooper by last month`s deadline.

Cooper Tire in tentative deal with workers over merger

Last Updated: Saturday, November 2, 2013, 09:20

Cooper Tire & Rubber Co said it reached a tentative agreement with workers represented by United Steelworkers union as part of its push to close its planned USD 2.5 billion sale to India's Apollo Tyres Ltd.

Apollo Hospitals' founders to raise $89.42 mn debt from KKR

Last Updated: Tuesday, October 29, 2013, 12:00

Founders of Apollo Hospitals Enterprise have agreed to raise 5.5 billion rupees from US buyout firm KKR Co & LP.

Apollo Pharmacy to add 250 outlets every year

Last Updated: Sunday, October 20, 2013, 13:03

Apollo Pharmacy, a part of Chennai-based healthcare major Apollo Hospitals, has said it would add 250 outlets every year.

Apollo asks US court to declare Cooper deal conditions not met

Last Updated: Tuesday, October 15, 2013, 21:13

Apollo Tyres has asked a US court to declare that conditions precedent to closing the USD 2.5 billion merger with Cooper Tire & Rubber Company have not been satisfied.

‘Apollo lenders unlikely to back Cooper deal without price cut’

Last Updated: Wednesday, October 9, 2013, 20:51

Funding for Apollo Tyres' USD 2.5 billion bid for US-based Cooper Tire & Rubber Co is in jeopardy unless the deal price is cut to reflect the risk of higher costs stemming from labour issues, sources with direct knowledge of the matter said.

Pricing, China issue hold up Apollo-Cooper $ 2.5 bn deal

Last Updated: Monday, October 7, 2013, 22:07

While Apollo accused Cooper of misrepresenting facts about its Chinese operations, the US firm asserted that the risks were part of the deal.

Apollo Munich ties up with Canara Bk for sale of its policies

Last Updated: Monday, October 7, 2013, 19:24

Under the arrangement, the bank will act as a corporate agent for selling the company's products, Apollo Munich Health Insurance Chairman Prathap C Reddy said.

Cooper Tire asks court to compel Apollo to close $2.5 billion deal

Last Updated: Saturday, October 5, 2013, 17:28

Cooper Tire & Rubber Co on Friday said it has filed a complaint in a US court to push India's Apollo Tyres to close its USD 2.5 billion acquisition of the American company in a timely manner.