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Newswire

Continental plans to sell fuel supply business

FRANKFURT, April 23 (Reuters) - Continental plans to sell its fuel supply business unit, which has 3,500 staff and posted sales of 450 million euros ($718 million) last year, Continental said on Wednesday.

Continental said in a statement it had decided to sell the unit because it was not part of the core activities of its Powertrain Division. (Reporting by Jonathan Gould)