German Econ Ministry: To Meet RHJ On Opel Wed Afternoon
15 Julho 2009 - 9:46AM
Dow Jones News
German government officials will meet with Belgian investment
group RHJ International SA (RHJI.BT) over its takeover bid for
General Motors Corp.'s (GM) Adam Opel GmbH unit Wednesday
afternoon, but no decision is expected, according to the economics
ministry.
Economics ministry spokeswoman Beatrix Brodkorb told reporters
that the meeting signals no preference by the government for any
bidder for Opel.
Media reports has said that RHJ aims to take between 51% to 55%
of Opel, GM's European subsidiary. RHJ's plan rules out any plant
closures in Germany, but GM Europe operations elsewhere in Europe
will not all be spared. RJH also doesn't plan a quick sale back to
GM following restructuring at Opel.
Web site: www.bmwi.de
-By Andrea Thomas, Dow Jones Newswires; +49 30 288 8410;
andrea.thomas@dowjones.com