Continental AG: Continental AG Investigating Spin-off of Powertrain Division with Listing
The Executive Board of Continental AG has decided to consider a spin-off of up to 100% of the Powertrain division with subsequent listing as an additional alternative to the potential partial IPO currently in preparation and to investigate its legal and technical feasibility. A decision regarding the actual implementation of a spin-off with subsequent listing will be taken by the Executive Board and the Supervisory Board after the conclusion of the investigation.
Contact:Person making the notification: Bernard Wang, Head of IR
Continental AG / Key word(s): Statement
Continental AG: Continental AG Investigating Spin-off of Powertrain Division with Listing
02-Sep-2019 / 14:45 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.