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Continental to flesh out possible overhaul by the summer - CFO

Reuters  |  BERLIN/HAMBURG 

By Andreas Cremer and Jan SchwartzBERLIN/HAMBURG (Reuters) - Germany's Continental is in talks with banks about a possible structural overhaul of the auto parts and tyre maker and aims to flesh out its plans within six months, its finance chief said.The Hanover-based group said on Tuesday it was in "early stages" of talks about possible structural changes to become more nimble as auto manufacturers are spending billions of euros on electric and self-driving technologies, confirming media reports earlier in the day."We are looking at the organization of Continental in its entirety," finance ...

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First Published: Wed, January 10 2018. 05:28 IST
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