Cooper drops investment in Kumho's stock

Jan. 1, 2020

Cooper Tire has liquidated its investment in the Kumho Tire Co. Cooper acquired an 11 percent interest in Kumho in early 2005, when Kumho?s initial public offering became available on the Korea and London stock exchanges.

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Cooper Tire has liquidated its investment in the Kumho Tire Co. Cooper acquired an 11 percent interest in Kumho in early 2005, when Kumho’s initial public offering became available on the Korea and London stock exchanges.

The transaction includes payment of $107 million plus interest.

For more information, visit www.coopertireandrubber.com and www.kumhotireusa.com.

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