Continental confirms interest in Siemens VDO unit


HANOVER, Germany, April 24 (Reuters) - German tyremaker and automotive supplier Continental AG reiterated on Tuesday its interest in Siemens AG's VDO automotive business as part of a drive to step up acquisitions. Continental aims to make its balance sheet structure more efficient in the years ahead, Chief Executive Manfred Wennemer said in remarks prepared for delivery to the group's annual shareholders meeting. "We want to do this primarily via suitable acquisitions, which as a ...

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