Date: 2013-08-01

Schaeffler Group Signs Investor Agreement with Continental

* Schaeffler Group will raise its offer to 75 euros per share and will guarantee up to 522 million euros in compensation for any unfavorable effects due to a change of control

* Commitments made by Schaeffler will be contractually agreed

* Schaeffler will support Continental

Previous: Timken Layoffs at Dahlonega Plant
Next: New Energy Chain® Cable Carriers from Igus at IMTS

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
SCE87PP bearing	12.7	17.4752	11.1252
SCE86P bearing	12.7	17.4752	9.525

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.