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Two independent companies – Continental evaluating Automotive spin-off

Author: Stephen Goodchild Comments: 0
(Photo: Stephen Goodchild / Tyre Industry Publications Ltd)

After concluding a strategic review in response to “the increasingly dynamic markets in the automotive industry,” Continental is more closely examining the possibility of spinning off its Automotive group sector business. The Continental Executive Board has announced that the company will “conduct a further detailed evaluation” before deciding on the matter in the fourth quarter of 2024. If approved by shareholders, Continental intends to complete the spin-off by the end of 2025.

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