Apollo Tyres’ acquisition of Cooper Tire looks “risky”

Analysts say management will have little room for error given the high leverage ratio.
<div style="text-align: left;"> Cooper is the fourth-biggest tyre maker in the US </div>
<div style="text-align: left;"> Cooper is the fourth-biggest tyre maker in the US </div>
June 14, 2013

India’s Apollo Tyres’ planned purchase of Ohio-headquartered Cooper Tire & Rubber for about $2.5 billion in cash looks expensive according to analysts.

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