Register | Forgot password?
Switch to Arabic
Sunday, December 6 - 2009

Opel offer may fall into Magna

  • Middle East: Saturday, May 23 - 2009 at 11:21

Canadian-Austrian group Magna's offer to buy Opel was revealed as the most attractive for Germany, while Fiat's rival bid was a disappointment, Reuters has reported. Opel is a unit of US carmaker General Motors (GM), headquartered in Ruesselsheim, with four plants employing about 25,000 staff in Germany. GM and the German government are in a rush to finalise a sale of Opel as GM has until June 1 to restructure its operations.

Also consider reading:

Disclaimer:

The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.

AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.

In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.