Motorola Deal Increases Conti Market Capitalisation

The recent purchase of Motorola’s Auto Electronics business by Continental has increased the German company’s market capitalisation by 900 million Euros this week. Financial analysts appear to approve of the deal, describing it as a good fit and, at US$1 billion (812 million Euros), they feel that the price was right. The analysts also believe that the deal will quickly add to the group’s operating profits.