Brief: Continental AG Sells Contitech Group Sector To Lone Star Funds
BRIEF-Continental AG Sells Contitech Group Sector To Lone Star Funds July 4 (Reuters) - Continental AG CONG.DE:
EQS-ADHOC: CONTINENTAL AG: CONTINENTAL AG SELLS CONTITECH GROUP SECTOR
CONTINENTAL AG - TO SELL CONTITECH GROUP SECTOR TO LONE STAR FUNDS
CONTINENTAL AG - EXPECTS CASH PROCEEDS OF ABOUT 3.1 BILLION EUROS UPON CLOSING
CONTINENTAL AG - DEAL ENTERPRISE VALUE 4 BILLION EUROS PLUS UP TO 250 MILLION EUROS PERFORMANCE-BASED
CONTINENTAL AG - DEAL SUBJECT TO REGULATORY APPROVALS, COULD COMPLETE BY END OF 2026
CONTINENTAL AG - TO DISTRIBUTE ESTIMATED 2.5 BILLION EUROS TO SHAREHOLDERS AFTER COMPLETION
CONTINENTAL AG - TO FOCUS ON CORE TIRES BUSINESS AFTER CONTITECH SALE
CONTINENTAL AG SAYS CONTINENTAL AG: CONTINENTAL AG SELLS CONTITECH GROUP SECTOR
Source text: ID:nEQ3xPkvQa
Further company coverage: CONG.DE
((Reuters.Briefs@thomsonreuters.com;))