BRIEF-Continental shares open 4.3 pct lower after Schaeffler says to place shares

FRANKFURT, Sept 25 Tue Sep 25, 2012 3:05am EDT

FRANKFURT, Sept 25 (Reuters) - Continental AG : * Shares open 4.3 percent lower after Schaeffler says to place shares

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Comments (1)
pppjnsn wrote:
Just a minor blip for Continental who inherited some debt from Schaeffler after the takeover so will be seeing this as a positive decision for them… Of course Schaeffler still remains it’s largest shareholder and because of this clever move has just been upgraded by Moody’s to B1 from B2, so very positive for them also. It would seem a good all round decision.

Sep 28, 2012 4:55am EDT  --  Report as abuse
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