The Yokohama Rubber Co., Ltd., has confirmed today that it has entered into a share purchase agreement with Swedish-based Trelleborg AB to acquire all outstanding Trelleborg Wheel Systems Holding AB shares.
Significant Acquisition for Yokohama Rubber
With Trelleborg’s enterprise value totalling €2,040 million, the acquisition is scheduled to be completed in the latter half of 2022, after the legal process underpinned by the EU and other countries is finalised. The acquisition’s impact on Yokohama Rubber’s consolidated financial results is currently under examination.
As Yokohama Rub...
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