UPDATE 2-Continental denies dropping Schaeffler merger

Newswire

* Continental says goal remains combination with Schaeffler * Says has not agreed timetable with Schaeffler * Schaeffler declines to comment * German magazine had said Conti dropped merger plans * Continental shares up 1.8 pct, in line with sector (Recasts, adds Continental comments) FRANKFURT, Dec 21 (Reuters) - German automotive supplier Continental AG denied a report that it no longer aims to merge with bearings maker Schaeffler. German monthly Manager Magazin had on Tuesday ...

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