Announced
Completed
Financials
Tags
Russian Federation
Private
Tires
Single Bidder
Friendly
Acquisition
car tires
Cross Border
Disposal
Infrastructure
Majority
Completed
Synopsis
S8 Capital, a company that creates and develops high-tech products and services, completed the acquisition of plant in Russia from Continental, a motor vehicle manufacturing company. Financial terms were not disclosed. Continental has divested the majority of its activities in Russia as part of its announced controlled withdrawal from the Russian market, a decision taken by the technology company in response to the war against Ukraine.
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