Continental moves forward with powertrain unit spinoff

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Continental moves forward with powertrain unit spinoff

CEO Continental PA 230x150
27 April 2018, Germany, Hanover: Elmar Degenhart, chairman of Continental AG, speaks during the general meeting of Continental AG at the Hanover Congress Centre (HCC). Photo: Julian Stratenschulte/dpa | Julian Stratenschulte/DPA/PA Images

Continental AG, the German engineering conglomerate, is pushing ahead with its spinoff of its powertrain division despite volatility in global equity markets.

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