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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 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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