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Indian-origin man's assets to be freezed in fraud scheme in US

A US court has asked federal regulators to freeze the assets of an Indian-origin IIT and Harvard alumnus who has been charged with a fraud scheme in which the investment professional allegedly obtained about USD 65 million in ill-gotten gains.

US court dismisses case against Apollo Tyres filed by Cooper

Cooper has also given up all its claims against Apollo.

US court ruling in Cooper deal vindicates our stand: Apollo

Apollo Tyres Sunday said the judgement of a US court in its favour in the Cooper Tire deal has vindicates its stand that they made exhaustive efforts to complete the deal but US tire manufacturer failed to comply with its contractual obligations.

Apollo Tyres scrip down over 2% on profit-booking

Shares of Apollo Tyres on Wednesday fell by over 2 percent on profit-booking, cutting short its sharp rally in the previous session.

Apollo's failed deal sows doubt on future India M&A

The ambition from Indian mid-sized companies for large debt-fuelled acquisitions abroad was dealt a major setback after the unravelling of a USD 2.5 billion bid by Apollo Tyres to buy Cooper Tire & Rubber Co.

Apollo Tyres stock surges 12% after Cooper deal collapse

Shares of Apollo Tyres on Tuesday rose sharply by nearly 12 percent after Cooper Tire & Rubber Co terminated its troubled USD 2.5-billion merger agreement with the Indian firm.

Cooper Tire scraps $2.5-billion merger deal with Apollo Tyres

US-based Cooper Tire & Rubber Co Monday terminated its troubled USD 2.5-billion merger agreement with India's Apollo Tyres.

Apollo Tyres shares gain nearly 8% on bourses

Shares of Apollo Tyres on Tuesday soared nearly 8 percent amid hopes it will get a better deal to acquire US-based Cooper Tire & Rubber Co.

Apollo claims victory over Cooper in acquisition spat

Homegrown tyre major Apollo Tyres Tuesday said Delaware Supreme Court has ruled in its favour in its ongoing spat with US-based Cooper Tire over their proposed USD 2.5-billion merger agreement.

Cooper Tire loses court bid to rescue Apollo merger

Under the terms of the merger Apollo can walk away from the deal on December 31.

Favourable 'partial ruling' given in spat with Cooper: Apollo

Apollo Tyres on Saturday said it has received a favourable 'partial ruling' from a US court in its dispute with Cooper Tire over their proposed USD 2.5-billion merger agreement and stated it is committed to finding a 'sensible way forward'.

Cooper Tire heads to court to save $2.5 bn Apollo deal

Cooper Tire & Rubber Co of the United States and Apollo Tyres Ltd of India should be enjoying a honeymoon. Instead they head to court on Tuesday over their failure to close Apollo`s planned USD 2.5 billion takeover of Cooper by last month`s deadline.

Cooper Tire in tentative deal with workers over merger

Cooper Tire & Rubber Co said it reached a tentative agreement with workers represented by United Steelworkers union as part of its push to close its planned USD 2.5 billion sale to India's Apollo Tyres Ltd.

Apollo asks US court to declare Cooper deal conditions not met

Apollo Tyres has asked a US court to declare that conditions precedent to closing the USD 2.5 billion merger with Cooper Tire & Rubber Company have not been satisfied.

Pricing, China issue hold up Apollo-Cooper $ 2.5 bn deal

While Apollo accused Cooper of misrepresenting facts about its Chinese operations, the US firm asserted that the risks were part of the deal.

Cooper Tire asks court to compel Apollo to close $2.5 billion deal

Cooper Tire & Rubber Co on Friday said it has filed a complaint in a US court to push India's Apollo Tyres to close its USD 2.5 billion acquisition of the American company in a timely manner.

Cooper Tire asks court to compel Apollo to close deal soon

Cooper Tire & Rubber Co said it filed a complaint in the Delaware Chancery Court asking that India's Apollo Tyres be required to close its acquisition of the American company in a timely manner.

Apollo moves closer to $2.5 bn Cooper deal; hurdles remain

Cooper Tire and Rubber Co shareholders have approved the US company's USD 2.5 billion sale to Apollo Tyres, clearing a major step for the creation of the world's seventh biggest tyre maker.

Apollo Tyres slumps after Cooper Tire shareholders approve sale

Apollo Tyres shares fell as much as 8.9 percent on worries about possible high debt after Cooper Tire and Rubber Co shareholders approved the US company's USD 2.5 billion sale to the Indian company on Monday.

Cooper shareholders approve $2.5 billion Apollo deal

Cooper Tire and Rubber Co shareholders on Monday approved the US company's USD 2.5 billion sale to India's Apollo Tyres Ltd, in a transaction that would create the world's seventh-largest tyre maker.