Continental to acquire remaining 50% stake in Emitec
Continental AG announced that it intends to purchase the outstanding shares in Emitec Gesellschaft fur Emissionstechnologie mbH for a cash consideration of GBP 46 million. Emitec, to date a 50-50 joint venture co-owned by Continental and GKN plc – will be acquired by Continental and integrated into its Powertrain Div....
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