Tag: Continental to go ahead with changes; Powertrain to be spun off in part-IPO

Continental to go ahead with changes; Powertrain to be spun off in part-IPO

Having announced one of the largest organisational changes in the company’s history earlier this month, https://rubberjournalasia.com/continental-to-realign-structure-spin-off-powertrain-and-possible-ipo-of-rubber-unit/, the Supervisory Board of automotive parts/tyres maker Continental has given the go ahead. With this approval, a new holding structure of Hanover-headquartered Continental will…