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Continental weighs options for combustion engine business: source

Reuters  |  HAMBURG 

HAMBURG (Reuters) - Continental AG is still looking at its corporate structure as part of a review launched more than a year ago, a source close to the matter said on Tuesday after a media report on a possible breakup of the car parts maker pushed its shares to a record high.A possible separation of Continental's business related to combustion engines also remains on the agenda as the auto industry shifts its focus towards electric vehicles, the person said.Investment banks have presented various ideas over the last couple of months, but no specific blueprint has emerged so far, the person ...

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First Published: Tue, January 09 2018. 20:44 IST
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