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Germany's Continental launches IPO of car parts unit
Germany's Continental launches IPO of car parts unit
Business and Economy
by  AFP

Trading in Continental's struggling auto parts division got off to a slow start Thursday as it was listed on the Frankfurt stock exchange, the latest upheaval in Germany's car industry. Aumovio CEO Philipp von Hirschheydt hailed a "bold new chapter" as he rang the bell at the Frankfurt Stock Exchange to mark the start of trading.