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23.08.2008 - Karl-Thomas Neumann Named as New Continental Chief

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.

The news are represented by www.info-turkey.ru

(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)


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