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Yokohama Rubber in talks to buy Goodyear's off-road tyre business for at least $1 billion, Bloomberg says

Stellantis and Alcopa Group SUSTAINera car reconditioning plant in Sainte-Genevieve

TOKYO (Reuters) - Japan's Yokohama Rubber is in talks to buy Goodyear Tire & Rubber's off-road tyre business for at least $1 billion, Bloomberg reported on Wednesday.

Yokohama Rubber's shares fell as much as 7% before paring some losses to trade down 4.5% by late trade.

Yokohama Rubber declined to comment on the report.

(Reporting by Kaori Kaneko; Editing by Chang-Ran Kim)