Continental Sells ContiTech Unit in $4.6 Billion Deal, Reflecting Global M&A Trends Impacting Myrtle Beach
Global automotive supplier and industrial partner Continental has agreed to sell its ContiTech unit to Lone Star Funds in a transaction valued at approximately $4.6 billion. While a global deal, such significant financial movements can have ripple effects that are observed even in growing regional economies like Myrtle Beach. The agreement, confirmed by company announcements […]