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Tyre manufacturer Continental has rejected the Schaeffler group's takeover bid.
24th July 2008, Page 13
24th July 2008
Page 13
Page 13, 24th July 2008
— Tyre manufacturer Continental has rejected the Schaeffler group's takeover bid.
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Schaeffler proposed £55 per share in cash, but Continental believes this does not reflect the value of the company.