Continental's Subsidiary Aumovio Debuts on Frankfurt Stock Exchange

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Contis Autosupplier business is regarded as a child of worry and has repeatedly written red numbers in recent years. As an independent company, it is now supposed to work better.

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Frankfurt/Main (dpa) – The Dax will contain 41 instead of 40 titles for a short time on Thursday. The reason for the unusual number of index members is the start of the stock exchange of the auto supplier Aumovio, which will be split off by Continental. Shortly after the start of the stock exchange, the first price for the new paper will be determined on the Xetra trading system. Continental's shareholders have been automatically booked into the…

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From mid-September, Continental will be a divided group. For the Hanoverians, the project seems to be the right way, even if there are risks.