Schaeffler launches hostile bid for Conti
GERMANY: Continental boards’ ‘No’ to Schaeffler offer
Continental has advised shareholders not to accept the Schaeffler takeover offer but its supervisory and executive boards said they remained…
GERMANY: Conti wants alternative investors
Sources in Germany say that Continental is in talks with several potential investors from the automobile and financial sectors, as…
GERMANY: Conti determined to resist Schaeffler, for now
At a meeting of the Continental AG Supervisory Board this week, resistance to Schaeffler's current takeover bid was repeated. A…
GERMANY: Continental board mulls takeover deflection
Continental's supervisory board on Wednesday was considering ways to deflect a takeover by family-owned Schaeffler Group. CEO Manfred Wennemer was…
GERMANY: Schaeffler raises bid for Continental shares
Schaeffler KG has raised its takeover offer of auto parts maker Continental AG. The German group made the move following…
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
IN DEPTH: Increasing Schaeffler hold on Conti unstoppable – analyst
Though Continental has rejected the takeover bid launched by bearing manufacturer Schaeffler, with Continental CEO Manfred Wennemer describing the takeover…
GERMANY: Continental rejects “unlawful” takeover bid
Parts maker Continental AG has rejected a takeover offer from ball bearing specialist Shaefller Group saying the “opportunistic approach” does…
GERMANY: Schaeffler acquires 30%+ of Conti – reports
Germany's financial press is abuzz with reports that Schaeffler Group has made the first move in a campaign to gain…
GERMANY: Continental confirms talks with Schaeffler
Continental has confirmed it has been in talks with family-owned Schaeffler Group about the firm taking an interest in Continental…