Goodyear Offloads Chemical Business To Reduce Debt, Fund Growth

benzinga.com/news/asset-sales/25/05/45583829/goodyear-offloads-chemical-business-to-reduce-debt-fund-growth

The Goodyear Tire & Rubber Company (NASDAQ:GT) on Thursday disclosed a deal to divest the majority of its Goodyear Chemical business to Gemspring Capital Management, LLC.
As per the terms of its divestiture, Gemspring Capital will acquire Goodyear Chemical for around $650 million in cash…

This story appeared on benzinga.com, 2025-05-23 10:59:29.
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