Continental could be interested long-term in VDO

Newswire

FRANKFURT, June 21 (Reuters) - German automotive parts manufacturer Continental AG could remain interested in Siemens' VDO automotive electronics business over the long term if an acquisition this year does not succeed, its chief executive said on Thursday. "As long as the firm performs well, which I expect, and we can create value (through an acquisition)," Manfred Wennemer told reporters on the sidelines of an investor conference, adding Continental also would have to be liquid enough to ...

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