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Mon, Feb. 10, 11:38 AM
- Germany's Continental AG (CTTAY) - a global automotive supplier and tire manufacturer - is buying Ohio's Veyance Technologies from Carlyle Group (CG +0.8%) for about $1.9B
- Operating globally in the field of rubber and plastics technology, Veyance had 2013 sales of about $2B. It has 27 worldwide plants and about 9K employees. The sale is subject to the approval of anti-trust authorities.
- Press release
May. 12, 2011, 10:57 AM
Mar. 25, 2011, 1:08 PM
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CTTAY vs. ETF Alternatives
Continental is among the leading automotive suppliers worldwide. As a supplier of brake systems, systems and components for powertrains and chassis, instrumentation, infotainment solutions, vehicle electronics, tires and technical elastomers, Continental contributes to enhanced driving safety... More
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