Hesse's State Governor: Favors Magna Concept For Opel
22 Mai 2009 - 9:14AM
Dow Jones News
The head of the German state of Hesse government, Roland Koch,
favors the concept presented by Magna International Inc. (MGA) for
General Motors Corp.'s German unit Adam Opel GmbH, Koch said in an
interview Friday on Deutschlandfunk radio.
"I believe that there is a certain ranking, in which the offer
of Magna is certainly the one that is closest to the wishes and
hopes of many ... in German politics, but also among employees,"
Koch said.
He said the offer of U.S. investor Ripplewood is also
interesting, while the concept of Italy's Fiat SpA (F.MI) is far
from "what was perhaps hoped for."
In Berlin, the government will meet Friday afternoon to discuss
the offers and the Economics Ministry plans to give a statement
afterwards, a government spokesman said.
Radio Station Web site: www.dradio.de
-By Natascha Divac and Sarah Sloat, Dow Jones Newswires; +49 69
29725500; natascha.divac@dowjones.com