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 ($4.57 billion), plus potential performance-based components of up to €250 million in subsequent years.The German car parts suppl…
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 AG XETR:CON:
Continental AG / Key word(s): Mergers and Acquisitions / Sale of Business UnitsContinental AG: Continental AG Sells ContiTech Group Sector04-Jul-2026 / 11:01 CET/CESTDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of…
(14:05 GMT) *Continental Nearing Agreement to Sell ContiTech to Lone Star Funds (14:06 GMT) *Continental: Deal Gives Business Value of EUR4 Bln (14:06 GMT) *Continental: Deal Includes Performance-Based Components of up to Further EUR250 Mln (14:06 GMT) *Continental: Binding Agreement Not Yet Reache…
CONTINENTAL AG XETR:CON:
Continental: Binding Agreement Not Yet Reached
Continental: Deal Gives Business Value of EUR4 Bln
Continental: Deal Includes Performance-Based Components of up to Further EUR250 Mln
Continental Nearing Agreement to Sell ContiTech to Lone Star Funds
Continental XETR:CON is in the final stages of agreeing a sale of its ContiTech division to U.S. investor Lone Star, it said on Friday, adding that its leadership had approved a deal valuing the unit at €4 billion ($4.6 billion).Continental, which said a binding agreement had not yet been reached…
U.S. investor Lone Star is nearing a deal to buy Continental's XETR:CON ContiTech plastics and rubber business for around €4 billion ($4.6 billion), two people familiar with the matter said.Continental declined to comment on the news, which was first reported by newspaper Boersen-Zeitung.Lone Star…
