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The company made a splash in 2008 with its 17 billion hostile takeover attempt of tire and auto-parts maker Continental AG, which went south and left Schaeffler Group saddled with debt that it's managing to this day. It still owns a nearly 50 stake in Continental. Schaeffler Group has recently invested nearly 550 million in its electric and hybrid car parts business, and it expects to double the number in the next five years.

AAA Logo 2010 Business Edition Software

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