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GM Generali Ass

23.01
0.16 (0.70%)
15:16:22 - Realtime Data
Share Name Share Symbol Market Type
Generali Ass AQEU:GM Aquis Europe Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.16 0.70% 23.01 23.00 23.01 23.05 22.86 22.96 64,181 15:16:22

German Econ Ministry: To Meet RHJ On Opel Wed Afternoon

15/07/2009 1:46pm

Dow Jones News


Generali (AQEU:GM)
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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

 
 

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