Extremely Wealthy
Struggling German Family Is Down to Its Last $16 Billion
If you’re looking for a company that encapsulates the wrenching changes that are set to upturn Germany’s economic model over the next decade or so, you could do worse than study what’s happened to Schaeffler AG. On Wednesday, the family-controlled automotive and industrial components group scrapped its long-term earnings targets,…
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Click here to read the full story: Bloomberg