NTD 1.28% 38.5¢ ntaw holdings limited

Ann: Proposed purchase of Cooper Tire & Rubber Co by Goodyear, page-20

  1. 307 Posts.
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    " think Cooper are a bit uncompetitive, but with our dollar firming it probably is a bit of a shame to be losing it ( likely it seems)"

    the release does say " ... either party effectively has the right to extend that Agreement for a further 5 years (i.e. to September 2027)". Who knows what the small print says, and coopers/goodyear may seek early termination (to be negotiated with NTD). WHile it is hard to see the market reaction is justified based, the NTD release has caused significant uncertainty.
 
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