The Kuwaiti Investment Authority may be considering investing in German auto parts supplier Continental AG, German business weekly WirtschaftsWoche reported on Saturday.
In an article flagged "Continental: The auto parts supplier talks to the sovereign wealth fund of the emirate of Kuwait over possible investment", the magazine said "Kuwaiti investors" have been in contact with Chief Executive Karl-Thomas Neumann in the past few days.
The investors also held a meeting in Hanover with the premier of Continental's home state of Lower Saxony, Christian Wulff, to discuss the political feasibility of a possible investment, the weekly said.
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