Kumho Tire-Doublestar stalemate ends

Acquisition, divestment & Spinoff

While Doublestar’s takeover of Kumho Tire has been accepted, integration of such a cross-cultural deal will require caution from both parties in order to actually gain perceived benefits from potential synergies

Touted to be one the largest deals between South Korea and China in the recent past, Kumho Tire’s buyout by Chinese tire maker Quingdao Doublestar seems to have reached its finale.

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