Continental scheme integrates Siemens CTA

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GERMANY - German manufacturer Continental AG's trust arrangement has integrated the CTA of daughter firm Siemens VDO Automotive, acquired in December 2007, according to MandateWire.

The CTAs' combined value is at €925m (US$1.3bn), which sits alongside €349m of assets in closed pensionskasse funds. In its most recent annual report, Continental said it added pension funds th...

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