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Continental AG (CONG.DE)

CONG.DE on Xetra

117.56EUR
18 Oct 2019
Change (% chg)

€-0.62 (-0.52%)
Prev Close
€118.18
Open
€117.10
Day's High
€118.30
Day's Low
€114.36
Volume
705,830
Avg. Vol
685,068
52-wk High
€157.40
52-wk Low
€103.62

Latest Key Developments (Source: Significant Developments)

AMS Comments On Osram Licht JV With Continental AG
Tuesday, 3 Sep 2019 

Sept 3 (Reuters) - ams AG AMS.S::ACKNOWLEDGES THAT OSRAM’S JV WITH CONTINENTAL AG IS SUBSTANTIAL PART OF OSRAM’S AUTOMOTIVE STRATEGY.TO ANALYSE PROSPECTS OF OSRAM'S CONTINENTAL JV UNTIL SETTLEMENT OF THE TAKEOVER OFFER.TO CONSIDER CONCENTRATING FRONT-END MANUFACTURING IN REGENSBURG BY MOVING LINES FROM KULIM, MALAYSIA THERE AFTER DEAL.ONE OPTION TO FINANCE OFFER IS SHARE CAPITAL INCREASE OF 1 BILLION EUR, ISSUANCE OF MANDATORY CONVERTIBLE BOND WORTH 500 MILLION EUR AND ISSUANCE OF SENIOR UNSECURED BOND WORTH 2.7 BILLION EUR.EXPECTS LOSS BEFORE TAX OF 241 MILLION EUR AS RESULT OF OSRAM OFFER DUE TO 150 MILLION OFFER-RELATED EXPENSES AND 95 MILLION FINANCING COSTS.  Full Article

Continental Invests In Production Systems For Agricultural Industry
Thursday, 22 Aug 2019 

Aug 22 (Reuters) - CONTINENTAL AG ::INVESTS IN PRODUCTION SYSTEMS FOR AGRICULTURAL INDUSTRY AT HANOVER SITE.INVESTS MORE THAN 2.5 MILLION EUROS IN AGRICULTURE SECTOR.  Full Article

Continental AG Could Delay Powertrain Unit IPO - CFO
Thursday, 9 May 2019 

May 9 (Reuters) - Continental CFO::WE SEE NEUTRAL DEVELOPMENT IN DELIVERY REQUESTS FROM CARMAKERS IN Q2, TOO EARLY TO TALK ABOUT Q3.WE WILL NOT DO ANY LARGER TAKEOVER IN SHORT TERM.IPO OF POWERTRAIN UNIT COULD COME LATER IF MARKETS ARE NOT IN SHAPE FOR IT.Q1 ORDERS OF 9 BILLION EUR AT AUTOMOTIVE GROUP STILL ENOUGH TO REACH OUR TARGETS.  Full Article

Continental: Powertrain Business Prepares For Planned Partial IPO
Tuesday, 30 Apr 2019 

April 30 (Reuters) - CONTINENTAL AG ::POWERTRAIN STARTS LIFE AS AN INDEPENDENT COMPANY.TECHNOLOGY COMPANY’S POWERTRAIN BUSINESS TO TRADE UNDER THE NAME OF VITESCO TECHNOLOGIES.PREPARATIONS ON SCHEDULE FOR PLANNED PARTIAL IPO IN SECOND HALF OF 2019; COMPANY COULD BEGIN TRADING IN 2020.  Full Article

We Know Shareholders Expect Stable Dividend - Conti CFO
Monday, 14 Jan 2019 

Jan 14 (Reuters) - Continental AG CFO Wolfgang Schäfer::WE DO NOT NEED DRASTIC RESTRUCTURING MEASURES BECAUSE OF SLOWDOWN IN AUTO MARKET.WE CONSTANTLY WORK ON LOWERING COSTS.WE ARE AWARE THAT SHAREHOLDERS EXPECT STABLE DIVIDEND IN LIGHT OF LOWER SHARE PRICE.  Full Article

Continental Invests In New Equipment And Facility Upgrades In Winchester, Virginia
Monday, 5 Nov 2018 

Nov 5 (Reuters) - CONTINENTAL AG ::INVESTS IN NEW EQUIPMENT AND FACILITY UPGRADES IN WINCHESTER, VIRGINIA.INVESTMENT OF $10.3 MILLION FOR BUILDING EXPANSION AND NEW EQUIPMENT.  Full Article

Press Release - Cooper Standard to divest anti-vibration systems business
Friday, 2 Nov 2018 

Nov 2 (Reuters) - Cooper-Standard Holdings Inc ::PRESS RELEASE - COOPER STANDARD TO DIVEST ANTI-VIBRATION SYSTEMS BUSINESS.COOPER STANDARD TO DIVEST ANTI-VIBRATION SYSTEMS BUSINESS.COOPER-STANDARD HOLDINGS INC - REACHED AN AGREEMENT REGARDING DIVESTITURE OF ITS ANTI-VIBRATION SYSTEMS (AVS) BUSINESS TO CONTINENTAL AG.COOPER-STANDARD - DEAL INCLUDES BINDING OFFER FROM CONTINENTAL AG TO PURCHASE SUBSTANTIALLY ALL OF COOPER STANDARD'S ANTI-VIBRATION BUSINESS IN FRANCE.COOPER-STANDARD - DEAL INCLUDES BINDING OFFER FROM CONTINENTAL AG TO PURCHASE SUBSTANTIALLY ALL OF CO'S RESPECTIVE INTEREST IN JOINT VENTURE IN INDIA.  Full Article

Continental Buys Czech Machine Tool Manufacturer Vúk
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Continental AG ::BUYS CZECH MACHINE TOOL MANUFACTURER VÚK SPOL. S.R.O. IN OTROKOVICE.AROUND 90 VÚK EMPLOYEES TO BE TAKEN ON.  Full Article

Continental Increases Investment In DigiLens To Close To 18 Pct
Thursday, 17 May 2018 

May 17 (Reuters) - Continental AG ::CONTINENTAL INCREASES ITS INVESTMENT IN SILICON VALLEY-BASED DIGILENS TO CLOSE TO 18 PERCENT.THORSTEN-ALEXANDER KERN (CONTINENTAL) JOINS DIGILENS’ BOARD OF DIRECTORS.  Full Article

Osram Licht And Continental Sign Joint Venture Contract
Tuesday, 3 Apr 2018 

April 3 (Reuters) - OSRAM LICHT AG ::OSRAM AND CONTINENTAL SIGN JOINT VENTURE CONTRACT.JOINT VENTURE INVOLVING AROUND 1,500 EMPLOYEES SCHEDULED TO START IN THE SECOND HALF OF 2018.BOTH PARTNERS HAVE A STAKE OF 50 PERCENT.CEO FROM OSRAM, CFO FROM CONTINENTAL.SALES TARGET IN MID-TRIPLE-DIGIT-MILLION-EURO RANGE.  Full Article

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Arm joins with GM, Toyota to find common ground on car chips

SAN JOSE, Calif. - Arm Holdings, the British chip technology firm owned by Japan's Softbank Group Corp, is joining with automakers General Motors Co and Toyota Motor Corp to establish common computing systems for self-driving cars, an effort the companies hope will speed development of the technology.