Apollo, Bain Compete For Control Of Continental Industries
Published on March 23, 2026.
Private equity firms Bain Capital and Apollo Global Management are in discussions about purchasing Continental AG's industrial unit, ContiTech. Other private equity firms such as Advent, CVC Capital Partners, Platinum Equity, KPS Capital Partners and Clearlake Capital are also in discussions. The process is ongoing and plans are expected to change. In January, Continental appointed Christian Kotz as CEO and chairman of the board. The company expects higher earnings in 2026, driven by strong business growth in premium tires and a potential recovery in industrial markets.
Related Articles
OpenAI calls out Microsoft reliance as risk in investor document ahead of expected IPO
OpenAI highlights its close ties with Microsoft as a risk, emphasizing significant investment, capital expenditures, and ongoing legal issues ahead of an expected IPO.
Trump Approval Rating Drops After Attack On Iran: Voters Say Action Not Putting America First, Oppose Military Action - State Street SPDR S&P 500 ETF Trust (ARCA:SPY)
President Trump's approval has dropped to 42% amid rising voter discontent over his Iran actions, focusing on the economy rather than national security.
Stablecoin yield in crypto Clarity Act won't allow rewards on balances, latest text says
The revised Clarity Act for the crypto industry proposes limited stablecoin yield rewards, inconsistent with previous versions, and uncertain regarding future activities.