German automotive supplier eyes acquisitions-paper

Newswire

FRANKFURT, Dec 22 (Reuters) - German automotive parts supplier Continental has between 2 billion ($2.37 billion) and 4 billion euros ($4.73 billion) in its coffers for acquisitions, the Financial Times Deutschland reported. In an interview with Continental Chief Executive Manfred Wennemer to be published on Friday, the newspaper reported that the company was already in talks but nothing was concrete. He said there are five areas Continental wants to concentrate on for acquisitions, ...

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