Continental XETR:CON said on Saturday it had signed an agreement to sell its ContiTech plastics and rubber business to private equity firm Lone Star Funds for 4 billion euros ($4.57 billion), plus potential performance-based components of up to 250 million euros in subsequent years.($1 = 0.8745 eur…
Continental XETR:CON said on Saturday it had signed an agreement to sell its ContiTech plastics and rubber business to private equity firm Lone Star Funds for 4 billion euros ($4.57 billion), plus potential performance-based components of up to 250 million euros in subsequent years.
