EQS-Adhoc: Continental AG: Continental evaluates spin-off of Automotive group sector and prepares implementation
Source: EQS
EQS-Ad-hoc: As a result of the spin-off, the Automotive group sector would no longer be part of the The aim of a spin-off would be to fully exploit the value and growth potential of the two then separate groups. On the basis of the detailed evaluation, the Executive Board is expected to decide on the spin-off in the fourth quarter. Subject to the corresponding resolutions of the Executive Board and the Supervisory Board, the potential spin-off could be submitted for approval at the annual shareholder’s meeting of Contact: Person making the notification: End of Inside Information
|
Language: | English |
Company: | |
30175 |
|
Phone: | +49 (0)511 938-13650 |
Fax: | +49 (0)511 938-1080 |
E-mail: | ir@conti.de |
Internet: | www.Continental.com |
ISIN: | DE0005439004 |
WKN: | 543900 |
Indices: | DAX |
Listed: | Regulated Market in |
EQS News ID: | 1961139 |
End of Announcement |
|
1961139 05-Aug-