Opel front-runner Magna International’s consortium partner Sberbank said the race to acquire the carmaker was all but over, though Beijing Automotive Industry Holding Corp. (BAIC) may still lodge a bid in the coming days.
Originally posted 2009-07-02 02:01:00. Republished by Old Post Promoter
Articles tagged with: Opel
Beijing Automotive drafting Opel bid; Sberbank says race over
Written on March 10, 2010
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Marchionne says Opel bid can’t be improved
Written on November 12, 2009
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Fiat S.p.A.’s bid for Opel is its best offer, CEO Sergio Marchionne said, as rival Magna International stayed on track to close a deal with the German carmaker. “I don’t believe we could improve Fiat’s offer.
Originally posted 2009-06-29 00:01:00. Republished by Old Post Promoter
Magna postpones talks with European Opel dealers
Written on November 8, 2009
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Talks between Magna International and the European Opel dealership association, Euroda, have been postponed to July 22, Euroda Vice-Chairman Albert Still said.
Originally posted 2009-06-30 13:16:00. Republished by Old Post Promoter
A strategy for GM brands
Written on November 5, 2009
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Much, and I mean much, has been written about the General Motors crisis. Some claim the situation is hopeless. Others say there’s a chance that things will work out in time.
Originally posted 2009-06-29 15:02:00. Republished by Old Post Promoter
GM, Magna to close Opel sale by mid-September, official says
Written on October 26, 2009
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General Motors and Magna International Inc. hope to close the sale of a majority stake in GM’s Opel by the middle of September, ahead of Germany’s general elections, an Opel supervisory board member told Reuters today.
Originally posted 2009-06-26 12:31:00. Republished by Old Post Promoter
Opel/Vauxhall dealers will raise 500M euros to help carmaker
Written on September 12, 2009
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Opel/Vauxhall dealers will meet with the German government and the bidders for the company next week after agreeing to raise 500 million euros (7 million) to help the ailing automaker.
Originally posted 2009-05-15 17:14:59. Republished by Old Post Promoter
RHJ offers 275 million euros for Opel majority stake
Written on July 17, 2009
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Belgian financial investor RHJ International offered 275 million euros ($387.6 million) for a 50.1 percent stake in General Motors’ Opel business in a last-ditch effort to beat rival suitors.
RHJ offers 275 million euros for Opel majority stake
Written on July 17, 2009
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Belgian financial investor RHJ International offered 275 million euros ($387.6 million) for a 50.1 percent stake in General Motors’ Opel business in a last-ditch effort to beat rival suitors.
Beijing Auto aims to join big league
Written on July 5, 2009
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Opel bidder Beijing Automotive Industry Holding Corp. wants to join other Chinese state-owned automakers, such as Shanghai Automotive Industry Corp. and China FAW Group Corp., in the top tier of China’s auto industry.
Beijing Automotive offers 660 million euros for Opel
Written on July 5, 2009
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Beijing Automotive Industry Corp. (BAIC) has made bid worth 660 million euros ($922 million) for Opel, a German newspaper said.
