Ripplewood subsidiary pokert to OpelRipplewood subsidiary pokert to Opel
In the race for the ailing carmaker Opel wants the financial investor RHJ Bidding his Magna with a new offer from the box to beat. In the coming week will the offshoot of the financial investor Ripplewood appears to offer a new subject.
One person confirmed a report of "Bild am Sonntag", which is the reduction of Europe-wide less than 10,000 jobs it provides. The Federal Ministry of Economics would not comment. However, should the planned takeover of the Canadian auto supplier Magna, a long time as the winner in safe Opel bidder rivalry that which had allegedly stalled: Magna was a report that his original plan, the business in the next week process.
RHJ negotiating intensely for weeks with the former Opel parent General Motors (GM), told Bild am Sonntag "without giving sources. The objective is still in the course of this week the GM board in Detroit and the German Trust Advisory Board, which holds a majority stake in Opel, a complex treaty submitted. They wanted RHJ unlike earlier assurances that all German sites to get the plant in Bochum. The restructuring plan RHJ see a warranty requirement of the European states with GM sites totaling 3.8 billion euros before the latest by 2014 should be repaid - that would be nearly one billion euros less than at Magna. RHJ leaned against the newspaper an opinion.
Guttenberg warns against a p
remature fixing
German Economics Minister Karl-Theodor zu Guttenberg told the Gazette: "The Federal Government is talking of course with all that seriously to them." Guttenberg warned against a premature commitment to a bidder. Apart from Magna and RHJ is the Chinese manufacturer BAIC to Opel interested. BAIC has to offer as circles that also renewed.
The industry newspaper Automotive Week reported that Magna had an expected next Tuesday at the Board meeting on a topic not mentioned deadline postponed. This was also the 15th July is a date lapses, the Magna co-CEO Siegfried Wolf for submitting a preliminary plan had with Opel. A postponement of the appointment was because of the many interests to be taken into account already signed off: "It was a mistake that Wolf called the July 15 hectares," said one familiar with the negotiations in person Reuters last week. Even the German Economics Minister Guttenberg stricted on Thursday, that the parties have "homework" to do that. Even if Wolf with GM's chief negotiator John Smith quickly agreed, still needs the U.S. Treasury as the largest GM shareholder consent, as well as the Federal Government and the Opel countries that have their hands on the billion dollar state guarantees.
Total Opel works council chief Klaus Franz warned the delays overestimate. "It may be in the final sprint to the finish with around two to three days," he said the "Tagesspiegel am Sonntag". It was but "nothing alarming."
One person confirmed a report of "Bild am Sonntag", which is the reduction of Europe-wide less than 10,000 jobs it provides. The Federal Ministry of Economics would not comment. However, should the planned takeover of the Canadian auto supplier Magna, a long time as the winner in safe Opel bidder rivalry that which had allegedly stalled: Magna was a report that his original plan, the business in the next week process.
RHJ negotiating intensely for weeks with the former Opel parent General Motors (GM), told Bild am Sonntag "without giving sources. The objective is still in the course of this week the GM board in Detroit and the German Trust Advisory Board, which holds a majority stake in Opel, a complex treaty submitted. They wanted RHJ unlike earlier assurances that all German sites to get the plant in Bochum. The restructuring plan RHJ see a warranty requirement of the European states with GM sites totaling 3.8 billion euros before the latest by 2014 should be repaid - that would be nearly one billion euros less than at Magna. RHJ leaned against the newspaper an opinion.
Guttenberg warns against a p
German Economics Minister Karl-Theodor zu Guttenberg told the Gazette: "The Federal Government is talking of course with all that seriously to them." Guttenberg warned against a premature commitment to a bidder. Apart from Magna and RHJ is the Chinese manufacturer BAIC to Opel interested. BAIC has to offer as circles that also renewed.
The industry newspaper Automotive Week reported that Magna had an expected next Tuesday at the Board meeting on a topic not mentioned deadline postponed. This was also the 15th July is a date lapses, the Magna co-CEO Siegfried Wolf for submitting a preliminary plan had with Opel. A postponement of the appointment was because of the many interests to be taken into account already signed off: "It was a mistake that Wolf called the July 15 hectares," said one familiar with the negotiations in person Reuters last week. Even the German Economics Minister Guttenberg stricted on Thursday, that the parties have "homework" to do that. Even if Wolf with GM's chief negotiator John Smith quickly agreed, still needs the U.S. Treasury as the largest GM shareholder consent, as well as the Federal Government and the Opel countries that have their hands on the billion dollar state guarantees.
Total Opel works council chief Klaus Franz warned the delays overestimate. "It may be in the final sprint to the finish with around two to three days," he said the "Tagesspiegel am Sonntag". It was but "nothing alarming."
Tags & Keywords : business, information, news, economy
