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…
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…