Billionaire Schaefflers hold the keys to Conti’s fortunes

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Breaking up Continental is an old idea, but investors had begun to wonder if it would ever happen: even as suppliers such as Delphi Technologies and Autoliv announced they were doing the splits last year, the German behemoth didn’t budge. Now Continental is talking to advisers about a major overhaul, according to Bloomberg News. Those discussions could result in Continental creating separate listings for some of its businesses, possibly under a holding company.

Read the source article at Automotive News Europe