Continental AG says interested in Siemens VDO unit

Newswire

FRANKFURT, Jan 25 (Reuters) - German automotive supplier and tyremaker Continental AG is interested in taking a stake in Siemens AG's VDO automotive unit, Continental said on Thursday. "We are open for talks," a company spokesman said, citing the large overlap between the two companies' products. Siemens earlier said it plans to float more than 25 percent of its VDO unit.

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