It now looks like Qingdao Doublestar Tire’s acquisition of a 42.01 per cent share in Kumho Tire will go ahead. In March, China’s Qingdao Doublestar Co. signed a US$ 852 million)  deal to acquire this stake in Kumho Tire, but the process of acquisition was delayed over how much Kumho Tire should pay for the use of the … Continue reading Qingdao Doublestar acquires 42% of Kumho