Schaeffler took over Conti in a contentious deal that started last summer and has left the combined group reeling from a €22bn net debt load. Schaeffler has recently applied for state help to ...

Continental A.G.'s executive board has rejected a takeover offer by Schaeffler Group, which has acquired more than 30 percent of Conti's stock. The Conti board said the offer of 69.36 ...

But insiders say the Conti board are split over whether or not to engage with the rival firm. Schaeffler reiterated its aim for a stake of 36 per cent in Conti, which has said it would only ...