Continental mulls s/holder meeting to fend off bid

Newswire

FRANKFURT, July 31 (Reuters) - German car parts maker Continental is considering holding an extraordinary shareholder meeting to fend off a hostile takeover bid from bearings maker Schaeffler, German paper Frankfurter Allgemeine Zeitung reported. An extraordinary shareholder meeting would give the Continental management more time to put together a counter offer to the bid, as it would extend the deadline within which shareholders can accept the offer, the paper said, without saying where ...

Premium Content (PAID Subscription Required)

"Continental mulls s/holder meeting to fend off bid" 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 WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×