TITLE

Mannesmann speeds spinoff of VDO and Sachs

AUTHOR(S)
Chappell, Lindsay
PUB. DATE
March 2000
SOURCE
Automotive News;3/13/2000, Vol. 74 Issue 5865, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Announces the spinoff plans of Mannesmann VDO AG for its automotive parts business in a public offering in 2000. Assessment of the spinoff's effect on the North American business of the firm; Issues surrounding the hostile takeover fight for Mannesmann in February 2000 won by Vodafone AG PLC; Plans to create ATECS, a company which will own Mannesmann's two automobile parts operations.
ACCESSION #
2934807

 

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