Continental expects the deal to generate cash proceeds of approximately 3.1 billion euros, some of which will be used to cut debt, with around 2.5 billion euros distributed to shareholders.
Source link
Continental Agrees to Sell ContiTech Business to Lone Star Funds
Date:
More like thisRelated
Democrat Aisha Wahab wins the special election for Eric Swalwell’s former California district
Democratic state Sen. Aisha Wahab has won the special...
Trump lifts summer gasoline restrictions early as prices remain stubborn
The Trump administration is ending summertime smog restrictions on...
Charlie Worsham Talks About His Opry Invite + New Album
On Aug. 7, Charlie Worsham hit three big milestones all at...
Walmart Adds to Wall Street Pressures With Weak Sales Growth
Plus, Romania accused Russia of launching an explosive drone,...