1. Continental AG, the world's fourth-biggest tiremaker, is working on three to five relatively big acquisitions apart from Siemens AG's VDO automotive unit
2. It would consider buying VDO even if Siemens proceeds with its preferred option of holding an initial public offering for the automotive unit, because together they would about match the size of Robert Bosch GmbH, currently the world's biggest car-parts maker.
Competition can be self-improving
[Click here for full story at: BLOOMBERG.COM]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment