CORRECTED - UPDATE 3-Continental posts Q3, issue new shares

Newswire

(Corrects in second paragraph to specify 11.4 bln eur VDO acquisition price includes 1 bln eur tax benefit) By Christiaan Hetzner and Nicola Leske FRANKFURT, Oct 30 (Reuters) - Germany's Continental AG reported an 8 percent rise in third-quarter operating profit and said it would issue 14.65 million new shares to help pay for its takeover of Siemens VDO . The tyre and brakes specialist announced in July it had agreed to buy the Siemens automotive electronics and powertrain unit for a ...

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