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GM Generali

23.275
-0.205 (-0.87%)
09:55:15 - Realtime Data
Share Name Share Symbol Market Type
Generali 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
  -0.205 -0.87% 23.275 23.27 23.28 23.32 23.07 23.31 81,207 09:55:15

Volkswagen:Magna To Face Conflict Of Interest After Opel Deal

03/06/2009 12:04pm

Dow Jones News


Generali (AQEU:GM)
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Volkswagen AG (VOW.XE) said Wednesday Canadian auto parts supplier Magna International Inc. (MGA) will face conflicts of interest following the planned takeover of General Motors Corp.'s (GM) Adam Opel GmbH unit.

"Volkswagen will monitor this development very closely," spokesman Michael Brendel said.

Volkswagen, Europe's largest automaker by sales, is a direct rival of Opel.

Company Web site: www.volkswagen.com

-By Christoph Rauwald, Dow Jones Newswires; +49 69 29 725 512; christoph.rauwald@dowjones.com

 
 

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