Acquisition In The Automotive Field Planned By ThyssenKrupp

Last year there were rumours concerning a possible hostile takeover bid for Continental by ThyssenKrupp. However, ThyssenKrupp was not able to bring its steel subsidiary company to the stock exchange as planned and it seemed that the acquisition pressure had been halted. On January 15th, the ThyssenKrupp management mentioned during a press conference that they are planning “a bigger acquisition in the automotive field”.