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Bridgestone sells Chinese tire unit for 265m yuan

July 14, 2025 at 07:20 AM UTCBy FilingReader AI

Bridgestone Corporation is selling its Bridgestone (Shenyang) Tire subsidiary to Sailun (Shenyang) Tire for 265 million yuan, completing its exit from China's commercial tire business.

The transaction involves 100% of the subsidiary's shares and is scheduled to close on July 31, 2025. Bridgestone said the sale will have minimal impact on its 2025 financial results.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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