DW-WORLD:
Auto Parts Makers Continental and Schaeffler Agree to Merger
Hanover-based auto supplier Continental AG approved a takeover bid
by smaller rival Schaeffler Group, ending weeks of wrangling after
the company hiked their earlier offer and agreed to limit its
stake.
(21.08.2008)
DW-WORLD:
Continental Board Rejects Schaeffler Takeover Bid
The board of giant German tire maker Continental rejected Wednesday
an 11.3 billion euro ($18 billion) takeover bid launched by
bearings manufacturer Schaeffler, but called for talks with the
family-owned company. (24.07.2008)
DW-WORLD:
Continental Rejects Bid from German Bearing-Maker Schaeffler
German motor industry supplier Continental has rejected a takeover
offer from the Schaeffler Group, saying the bid by the family-owned
bearing-maker did not reflect its full value. (16.07.2008)
(Deutsche Welle)
more info >>
<< Back