Apollo’s CFO blames Cooper Tire’s Chinese JV partner for failed acquisition
Says Indian company took people at Cooper Tires’ management at face value
Sunam Sarkar, CFO of Apollo Tyres, has cited the stubbornness of Cooper Tire’s Chinese joint-venture (JV) partner, Chengshan Cooper Tire, as the reason for the breakage of a merger deal between the two tiremakers.
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