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Kuwaiti firm may invest in Continental AG
- Kuwait: Sunday, July 19 - 2009 at 09:19
Kuwaiti Investment Authority may be considering investing in German auto parts supplier Continental AG, Reuters has cited German business weekly WirtschaftsWoche. The magazine has reported 'Kuwaiti investors' have been in contact with Chief Executive Karl-Thomas Neumann in the past few days. The weekly has further mentioned a meeting took place in Hanover with the premier of Continental's home state of Lower Saxony, Christian Wulff to discuss the political feasibility of a possible investment.
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