This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

The Deal: Cooper Tire Soars on $2.5 Billion Indian Buyout

Morgan Stanley and Deutsche Bank Securities Inc.'s Jim Ratigan, Brian Willer, Edwin Roland, Sid Chhabria and Matt Bilge are serving as financial advisers to Apollo, with Greater Pacific Capital LLP acting as a strategic and financial adviser to the buyer. Standard Chartered Bank plc is the sole provider of transaction financing, with Morgan Stanley Senior Funding Inc., Deutsche Bank AG, Standard Chartered and Goldman Sachs Bank USA as joint lead arrangers providing committed funding.

Sullivan & Cromwell LLP's Scott D. Miller, Jay Clayton, Adam S. MacLeod, Shannon M. Haley, Anush Yegyazarian, Douglas S. Sunshine, Stephen M. Fisher, Presley L. Warner, Samiul E. Khan, Claudia Lai, Bruce T. Gavin, Juan Rodriguez and Patrick Gorman and Amarchand & Mangaldas & Suresh A. Shroff & Co. served as legal advisers to Apollo.

Cooper was advised by Bank of America Merrill Lynch's Ravi Sinha, John Pratt and Chris Shoemaker and a Jones Day team comprised of Lyle Ganske, Peter Izanec, James Dougherty, Brett Barragate, Manan "Mike" Shah, Dan Hagen and Stan Weiner.

Written by Lou Whiteman in New York

2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
CTB $41.79 0.00%
AAPL $124.75 0.00%
FB $80.78 0.00%
GOOG $524.05 0.00%
TSLA $206.79 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs