City AM
UK · 3 hrs ago
Lone Star Funds Announces Agreement to Acquire ContiTech, the Material Solutions Group of Continental AG
Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Fund XIII, L.P. has entered into a definitive agreement to acquire ContiTech, the material solutions group of Continental AG, for €4.0 billion. The transaction also includes performance-based components of up to €250 million in subsequent years. ContiTech is one of the world’s [...]
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