Continental makes 227 mln euro bid for Phoenix AG


FRANKFURT, March 29 (Reuters) - Germany's Continental AG on Monday launched a 227 million euro ($276.5 million) bid for rubber and plastics products maker Phoenix , saying it had commitments for some 37 percent of the shares. The German tyres and auto parts group said in a statement it was making its 15 euro-per-share bid contingent on achieving 75 percent of the shares in issue -- 15.17 million, according to Reuters data. Shares in Phoenix were suspended at 13.05 euros, up 0.4 percent ...

Premium Content (PAID Subscription Required)

"Continental makes 227 mln euro bid for Phoenix AG" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

more data and Insights


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×