The Goodyear Tire & Rubber Company · NASDAQ:GT
The Goodyear Tire & Rubber — Merger or Acquisition (January 2025)
5 slides from The Goodyear Tire & Rubber's merger presentation, Jan 7, 2025
Slide 1: Goodyear Announces Sale of Dunlop Brand to Sumitomo Rubber Industries
GOODYEAR ANNOUNCES SALE OF DUNLOP BRAND TO SUMITOMO RUBBER INDUSTRIES JANUARY 7, 2025
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS Certain information contained in this presentation constitutes forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements relatin
Slide 3: Goodyear Announces Sale of Dunlop Brand to Sumitomo Rubber Industries
GOODYEAR ANNOUNCES SALE OF DUNLOP BRAND TO SUMITOMO RUBBER INDUSTRIES TRANSACTION MARKS AN IMPORTANT MILESTONE IN THE GOODYEAR FORWARD TRANSFORMATION PLAN ◼ DUNLOP BRAND TRADEMARKS and intangible assets necessary for operations of the brand business in Europe, North America and Oceania for consumer,
Slide 4: Overview of Transaction Components
OVERVIEW OF TRANSACTION COMPONENTS TRANSACTION STRUCTURED TO ENSURE A SMOOTH TRANSITION FOR CUSTOMERS OF THE DUNLOP BRAND TRANSACTION PERIMETER CONSIDERATION AND KEY AGREEMENTS Sale of Dunlop Brand to SRI Consideration at Closing ◼ Dunlop Brand includes the trademarks and intangible assets necessary
Slide 5: Transaction Timetable for Key Agreements
TRANSACTION TIMETABLE FOR KEY AGREEMENTS Transaction Close (Mid-2025) Transition License Agreement (“TLA”) ~6-18 months ◼ Goodyear will continue to manufacture, sell and distribute Dunlop branded consumer tires in Europe through period of the TLA ◼ Goodyear will pay a royalty to SRI during this peri
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