(Reuters) - Pulling off its biggest ever takeover and virtually doubling
in size, Continental joined the ranks of the five biggest global
automotive parts suppliers, within reach of domestic rival and
industry leader Robert Bosch [ROBG.UL].
The VDO acquisition is also a victory for Chief Executive
Manfred Wennemer, who publicly announced his interest in buying
VDO as soon as Siemens said it planned to float a minority stake
in the business on the stock exchange this year.
Read more at Reuters.com Bonds News
in size, Continental joined the ranks of the five biggest global
automotive parts suppliers, within reach of domestic rival and
industry leader Robert Bosch [ROBG.UL].
The VDO acquisition is also a victory for Chief Executive
Manfred Wennemer, who publicly announced his interest in buying
VDO as soon as Siemens said it planned to float a minority stake
in the business on the stock exchange this year.
Read more at Reuters.com Bonds News
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