Von Hirschheydt to head independent company following Continental Automotive spin-off
Continental has shared its concrete plan for the spin-off of its Automotive group sector. According to information discussed at a meeting held on Wednesday, the plan involves completing the spin-off of Automotive as a Societas Europaea compnay listed on the Frankfurt stock exchange by the end of 2025. The independent company will operate under a new brand, which Continental will launch by the end of April 2025, under the leadership of Philipp von Hirschheydt.
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