Bankers Prep €2.5 Billion Debt as ContiTech Unit Sale Kicks Off
Bankers are working on debt packages of around €2.5 billion ($2.9 billion) to back a potential acquisition of Continental AG’s industrial ContiTech unit, as a highly-anticipated sales process kicks off.
By Claire Ruckin, Aaron Kirchfeld · Bloomberg Markets
Bankers are working on debt packages of around €2.5 billion ($2.9 billion) to back a potential acquisition of Continental AG’s industrial ContiTech unit, as a highly-anticipated sales process kicks off.