DaimlerChrysler sells TEMIC shares

  • Date
    9 April 2001
  • Description
    With effect from 1 April, Continenta AG, Hanover, acquires 60 % of the shares held by DaimlerChrysler in TEMIC Telefunken microelectronic GmbH, Nuremberg, and simultaneously assumes corporate management. The remaining 40 % are to be transferred to Continental by 2005.
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