Wednesday, March 24, 2010
Three bids for Opel
Rüsselsheim / Berlin / Torino - After presenting derÜbernahmeangebote for the ailing car maker Opel dieKonzepte of the three potential investors are now quickly überprüftwerden.
From government sources said on Wednesday evening, the Opel Task Force sit together already. Also on Ascension High werdemit continued. Before that, according to the Opel's parent, General Motors (GM) in Europe, the Italian manufacturer Fiat, the Austrian-Canadian auto supplier Magna and deramerikanische financial investor Ripplewood submitted bids.
Details of the individual bids was a GM call Sprechernicht. Ago Opel opinion would examine in depth the concepts in denkommenden days.
GM Europe chief Carl-Peter Forstersagte: "On the interest of potential investors, we are delighted." GMEbewerte interest as an important step forward.
The Italian manufacturer Fiat announced in Turin that seinAngebot true for the European business of the German General Motors subsidiary, and its UK sister Vauxhall.
Fiat Einzelheitennannte not. Should the acquisition agreement is reached, would einneuer group formed, would include the Fiat and Opel, including the participation anChrysler.
The Austrian-Canadian auto supplier Magna legtezusammen beimBundeswirtschaftsministerium before with Russian carmaker Gaz a takeover approach.
Magna wants to play with Gaz and finanziellerUnterstützung the Russian bank Sberbank, the majority of demangeschlagenen Group. The supplier gave keinenKommentar.
About the concept of the American financial investor Ripplewoodwurde not disclosed. The federal government prefers jedocheinen investor tätigist possible even in the automotive industry. Therefore, Ripplewood and its European subsidiaries are RHJInternational given little chance.
Negotiations for Opel are under tremendous Zeitdruck.Die federal government is trying to keep out the German car maker from bankruptcy demdrohenden maelstrom of GM. Therefore hatteBerlin for the concepts of potential investors with a deadline set bisMittwochabend.
Government spokesman Ulrich Wilhelm insisted that the Bundesregierungwerde to make immediate parallel to GM and the U.S. government to dieAuswertung the future models for the German carmaker.
It stands within the relevant ministries and provincial governments with denbetroffenen, but also with GM, Opel and GM Europesowie with the U.S. government in constant contact.
Labor Minister Olaf Scholz (SPD) announced after einemTreffen the competent Minister and Chancellor Angela Merkel (CDU) in Berlin, the company should still be offered as possible before the end desMonats a perspective.
The American Opel's parent company, GM must also contain up to 29 May, the U.S. Regierungein provide viable concept for the future. But even dieKonzernspitze admits now that a GM bankruptcy is hardly avoid mehrzu. This would have consequences for the German subsidiary Opelgravierende.
However, "said GM Europe boss Carl-Peter Forster derFachzeitschrift" auto motor und sport "(Friday), that Opel also imFall of bankruptcy by GM would continue to work and keep access to alleTechnologien.
He conceded, however, that dieInvestorensuche drag on until the fourth quarter and could not therefore be sufficient liquidity Opel. To pass the time, companies need the "surely a credit line. Beschäftigtin four German Opel factories about 25 000 people.
Basically, choose the struggling GM Konzernsowie the U.S. government is negotiating an entry of investors. Neither vonGM nor the U.S. government were clear signals to date. Since derBund but gebensoll guarantees for the financing of such participation, the concepts presented also studied in Berlin.
Government spokesman Wilhelm said the round of zuständigenMinister would meet again this week to discuss the Konzeptezu. A negotiating committee continues to stand ready at short notice to travel to Washington to divestment of Opelauszuloten.
As a first important step would be federal, state and national offices with Opel banks agreed on Tuesday night on top of a bridge financing, should the Opel in the situation derzeitigenunübersichtlichen time for further negotiations with Investorenverschaffen.
The trust model Opel will be quickly out of the Gesamtkonzernherausgelöst to avoid negative effects of a GM bankruptcy aufdie German daughter.
Condition for the Treuhandmodellist Economic Minister Karl-Theodor zu Guttenberg (CSU), dassOpel-interested promising approaches provide. Andernfallshält he also ordered a `bankruptcy 'is conceivable.