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…