Armed with over $3b, German tyre maker Continental says 'M&A radar' is on but targets scarce

Armed with over $3b, German tyre maker Continental says 'M&A radar' is on but targets scarce

German auto parts and tyre maker Continental has 2 to 3 billion euros ($2.2 to $3.3 billion) at its disposal for acquisitions after improving free cash-flow and boosting shareholders’ equity last year, its finance chief told Reuters on Thursday.

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