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Schaeffler “Very Satisfied” With Bank Meeting

Author: Tyrepress Editors Comments: 0

As report suggest investment banks have walk away from rescuing Continental AG from the Schaeffler Group’s hostile takeover, Reuters that the ball bearing maker has successfully arranged a 16.1 billion euro loan. Schaeffler is reportedly “very satisfied” with a bank meeting on the subject of raising the enormous loan.

Related news:

  1. Board Member: 90-100 euros ‘Appropriate’ Continental Price Tag
  2. Schaeffler Warns Continental Off Capital Raising Defence
  3. Continental Stock Falls 2.4%
  4. Wennemer Set to Become Opel Advisor
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