FRANKFURT (Reuters) - Continental AG is considering a major overhaul or even a breakup of its business, Bloomberg reported on Tuesday, sending the German automotive supplier's shares higher.
The group is in exploratory talks with advisers on the matter, it said, citing people familiar with the matter as saying.
Continental declined to comment on the report.
Shares in Continental jumped as much as 5.6 percent to a record high of 251.90 euros following the report.
(Reporting by Maria Sheahan; Additional reporting by Jan Schwartz and Haken Ersen)
Disclaimer: No Business Standard Journalist was involved in creation of this content
