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Continental to sell drum brakes production and R&D site in Cairo Montenotte, Italy, to Mutares
Continental AG’s Automotive group sector has signed an agreement to sell its drum brakes production and R&D site in Cairo Montenotte, Italy, to Mutares SE & Co. KGaA (Mutares). The transaction is expected to close in Q4/2025 after the listing of the Automotive group sector as independent company, Aumovio, in Septembe....
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