Wednesday, June 12, 2013

Reuters: Money News: Apollo Tyres down over 15 percent on Cooper Tire buy

Reuters: Money News
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Apollo Tyres down over 15 percent on Cooper Tire buy
Jun 13th 2013, 04:03

MUMBAI (Reuters) - Apollo Tyres shares slumped 6.25 percent in pre-open trade on Thursday as its buy of U.S.-based Cooper Tire & Rubber Co for about $2.5 billion is seen increasing the company's debt levels.

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