Schaeffler launches €1.6bn Conti block, Finger sells mail.ru

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Schaeffler launches €1.6bn Conti block, Finger sells mail.ru

September 24, 2012 12:00 AM

The two banks holding 10% of Germany’s Continental on behalf of industrial firm Schaeffler launched an accelerated offering of the €1.6bn stake on Monday evening. Goldman Sachs, Commerzbank and UniCredit are managing the sale for Bankhaus Metzler and MM Warburg.

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