Continental Sells ContiTech Unit to Lone Star Funds for $4.6 Billion
Continental AG, a global automotive supplier, has agreed to sell its ContiTech division to Lone Star Funds in a deal valued at approximately $4.6 billion. The transaction, confirmed by company announcements and corroborated by independent financial reporting, signals a strategic shift for Continental as it aims to streamline its operations. ContiTech, a significant player in […]