He pointed out that the company is expecting a cash flow of more than one billion euros starting in 2009, stressing that Siemens VDO will make a positive contribution to earnings already in 2008 В– before integration and restructuring cost, depreciation and amortization.

I ship within 1 business day after receiving a payment. Must be returned in its original condition. Returns are accepted within 30 days of purchasing. Be sure to for more amazing items and great deals. In addition to an 11 billion euro fixed loan, the banks are granting a revolving credit line of 2.5 billion euros, which ensures us sufficient latitude to manoeuvre,' Wennemer explained. 6093004901 Siemens-vdo Bmw Z4 530xi (24.1 similar) Thank you and good luck. 'At the same time, we are working on implementing the financing firmly agreed upon with the banks for a volume of 13.5 billion euros, and we assume that a consortium will have been formed by early October. In the reported deal, Brose will acquire the VDO units. For instance, we have determined the future corporate structures, which provide for three divisions: Chassis and Safety, Powertrain, and Interior in place of the current Automotive Systems division, in addition to the two tyre divisions and ContiTech,' said Wennemer. HANOVER, Germany Continental AG is selling part of its recent Siemens VDO acquisition to Brose, according to news reports from Europe.

'Antitrust regulations do set rather tight restrictions for us until closing, but within this legal framework, we are reacting quickly and precisely. Brose, a privately-held manufacturer of window regulators, door systems and seat adjusters. Parallel to the ongoing antitrust authorities approval process (a decision is expected by the end of the year), Continental is making intensive preparations for the integration of Siemens VDO. ContinentalвЂ™s takeover of Siemens VDO Automotive has been good news for GermanyвЂ™s Brose Group.

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