The Goodyear Tire & Rubber Company (GT) to Divest Most of Its Chemical Unit in $650 Million Deal

In This Article: The Goodyear Tire & Rubber Company (NASDAQ:GT) has agreed to sell most of its chemical business to Gemspring Capital Management in a deal valued at around $650 million. As part of the agreement, which is expected to close by the end of the year, Gemspring will take over chemical…