German regulator re-examines Continental buy-paper


FRANKFURT, Jan 20 (Reuters) - German financial regulator BaFin is re-examining German tyre and car parts group Continental AG's acquisition of Phoenix , the Financial Times Deutschland reported on Thursday. The regulator is responding to a letter from shareholder rights group Deminor, which criticised the offer price as too low. Deminor wants those shareholders who sold their Phoenix holdings for 15 euros per share in response to Continental's offer to be paid the 18.89 euros later paid ...

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