Robert Bosch GmbH and Siemens AG, fierce German competitors in electronics, fuel injection and air bag controls, are cooperating in a joint bid to acquire Atecs Mannesmann AG, the automotive systems and industrial division originally slated for a spin-off from German congolomerate Mannesmann AG. The unsolicited bid of $8.7 billion came five days after Thyssen Krupp AG of Germany offered $8.38 billion. The Mannesmann supervisory board is expected to act on the offers at its April 17 ...
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