By Chelsea Naso ( January 20, 2015, 5:28 PM EST) -- The Schaeffler family, a German family that is one of the biggest investors in the country's automotive industry, is considering taking its ball bearing business public in a a potentially multibillion-euro initial public offering, The Wall Street Journal reported Tuesday, citing people familiar with the situation. As part of its preparation for the anticipated IPO, the family's debt-laden engineering group Schaeffler AG transferred its 34.2 percent stake in tire supplier Continental AG to a separate holding company, closing the chapter on a buyout saga for the tire maker and unwinding the complex Schaeffler Group to create a company that is easier for investors to value, the report said....
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