Goodyear values Dunlop at ~$0.7 billion

Following the news that Goodyear is planning to raise around $2 billion from the sale of Dunlop as well as its OTR tyre and chemicals businesses, the company revealed further details during a follow-up conference call.  The financially biggest part of the recently-unveiled Goodyear Forward business transformation plan is the proposed sale of Dunlop, OTR tyre and chemicals business. Goodyear estimates that these areas are worth around $0.7 billion, $0.7 billion and $1 billion respectively.