Continental sees more synergies from VDO purchase


HANOVER, Germany, Feb 20 (Reuters) - Germany's Continental , the world's fifth-largest automotive parts supplier, increased its forecast for synergies from its acquisition of Siemens VDO at the end of last year, it said on Thursday. Instead of more than 170 million euros ($250.2 million) in savings potential by 2010, management now expects more than 300 million euros. Since net financial liabilities soared after the 11.4 billion-euro deal, the company proposed a flat dividend of 2.00 ...

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