Commentaries

Schaeffler’s Continental drift

August 11, 2009

Continental/Schaeffler (photo: Reuters)The power struggle at Continental hardly inspires trust in Schaeffler. The privately-owned ball bearings company wants to boot out Conti’s CEO — effectively tearing up a standstill agreement it signed last year — and install one of its own divisional managers.

Conti should turn tables on Schaeffler

July 23, 2009

AUSTRIA/  

Porsche isn’t the only family-controlled German company that has got itself into a complete pickle bidding for a far larger rival.