MUNICH -(Dow Jones)- Germany's Continental and Blackstone's TRW Automotive are the only remaining bidders for Siemens' automotive unit VDO, several people familiar with the matter told Dow Jones Newswires Wednesday.

TRW and Continental are "the remaining serious candidates for a purchase (of VDO)," one of the people said.

Blackstone and Continental are remaining VDO bidders

Alexander Becker

Michael Brendel

Siemens

Citigroup

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