Hi @traineeinvestor and @Vader0618, thanks for your comments!
Sorry guys, I must have persuaded myself that the agreement was renewed! I agree that the announcement isn’t clear enough to be sure about the exclusivity agreement.
What I found is that Goodyear expect to finish the transaction with Cooper in the second half of 2021:
https://corporate.goodyear.com/en-US/media/news/goodyear-to-acquire-cooper-creating-stronger-us-based%20leader-in-global-tire-industry.html
I would be surprised (considering the timing) that Goodyear’s management gets the time to change Copper’s distribution channels in the second half of 2021. Changing it would involve a lot of marketing and internal political debates considering that NTD has been Coper’s distributor in Australia for more than 30+ years.
Moreover, does the actual Goodyear’s Australian distribution channels (warehouses, shops,...) and teams have the ability to absorb Coper’s volume? I honestly don’t know but it would be surprising.
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