UPDATE 2-Schaeffler says in talks on Continental stake sales

Newswire

* Schaeffler seeks to parcel up stakes in Continental * Schaeffler CEO says seeking long-term investors * Continental says not in talks to sell rubber operations * Shares gain but remain far below 75-euro offer price (Adds background, share prices) HANOVER, Germany, Nov 26 (Reuters) - Schaeffler Group is in talks with several parties to sell stakes of 10 to 20 percent in tyres and auto parts group Continental AG , the German ball-bearing maker's chief executive Juergen Geissinger ...

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