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EQS-Ad-hoc: Continental AG / Key word(s): Strategic Company Decision
Continental AG: Continental decides to make the ContiTech group sector independent
08-Apr-2025 / 09:58 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.
Hanover, April 8, 2025. The Executive Board of Continental AG has today decided in principle to make the ContiTech group sector independent.
The preparatory phase that now follows will involve analyzing and assessing the possible transaction forms for independence and the resulting timetable for implementation will be drawn up. A sale of the group sector is seen as the most probable strategic option. This is to be implemented after the spin-off of the Automotive group sector and the sale of the Original Equipment Solutions (OESL) business area. Subject to the necessary resolutions, ContiTech could become independent during 2026.
Contact:
Person making the notification: Max Westmeyer, Head of Investor Relations
End of Inside Information
08-Apr-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
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| Language: |
English |
| Company: |
Continental AG |
|
Continental-Plaza 1 |
|
30175 Hannover |
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Germany |
| Phone: |
+49 (0)511 938-13650 |
| Fax: |
+49 (0)511 938-1080 |
| E-mail: |
ir@conti.de |
| Internet: |
www.Continental.com |
| ISIN: |
DE0005439004 |
| WKN: |
543900 |
| Indices: |
DAX |
| Listed: |
Regulated Market in Frankfurt (Prime Standard), Hamburg, Hanover, Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Tradegate Exchange; Luxembourg Stock Exchange, SIX |
| EQS News ID: |
2113192 |
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| End of Announcement |
EQS News Service |
2113192 08-Apr-2025 CET/CEST
