It was a quiet weekend on the Apollo-Cooper front, with no news emanating from either India or Findlay, Ohio.
Neither party is commenting on last week’s story in the respected Economic Times of India stating that Apollo was gearing up to make at run at buying controlling interest in Cooper.
On the day of the news, Cooper said it had a “strict policy of not commenting on rumors and speculation in the market.”
Apollo Tyre finally made comment on the following day Oct. 12 stating flatly that, “We do not comment on speculation.”