Schaeffler seeks aid

February 2009
Rubber & Plastics News;2/23/2009, Vol. 38 Issue 15, p3
Trade Publication
The article reports that Schaeffler Group is seeking financial help because of the debt it accumulated in its hostile takeover of Continental AG., coupled with the global economic slump. Company owners Maria-Elisabeth Schaeffler and her son Georg, said they are looking for help from German federal and state governments.


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