Conti to Receive Kuwaiti Investment?
According to an article that appeared German business newspaper WirtschaftsWoche on July 18, Continental AG may soon be the recipient of Kuwaiti investment. The paper reported that investors from the Persian Gulf State entered into talks with Continental Executive Board chairman Dr. Karl-Thomas Neumann several days earlier. This meeting followed one the investors conducted with Christian Wulff, the premier of the state of Lower Saxony, where Continental is headquartered.