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Goodyear is going big in China with $3 billion takeover of Cooper CNN 2/23/2021 By Laura He, CNN Business © David Paul Morris/Bloomberg/Getty Images Tires are stacked at a Goodyear auto service location in San Francisco, California, U.S., on Wednesday, July 22, 2020. Goodyear has agreed to buy rival Cooper for $2.8 billion. The deal will give America s largest tire producer a much bigger footprint around the world, including in China, the world s top car market. Popular Searches Goodyear was already the world s third largest tire manufacturer after Japan s Bridgestone and France s Michelin. It will retain that spot after the deal, though its global annual sales total will rise to some $15 billion from the $12.3 billion that Goodyear currently makes.

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