Fiat CEO Says Opel Deal Is 'Complex'; Hard To Predict Outcome
22 Mai 2009 - 8:50PM
Dow Jones News
Fiat SpA (F.MI) Chief Executive Sergio Marchionne Friday said it
is difficult to predict who will walk away with General Motor
Corp.'s (GM) German unit Adam Opel AG, although he added the
Italian carmaker's offer makes most sense industrially.
"It is difficult to say" (the outcome), Fiat's CEO told
reporters in Rome. "It is a complex game due to elections this year
in Germany."
From an industrial point of view a deal with Fiat will be more
rational, Marchionne also said.
Earlier this week, Fiat, Magna and RHJ International (RHJI.BT),
a European buyout firm of U.S.-based investor Ripplewood with
holdings in the auto-parts industry, presented their bid for
Opel.
Company Web site: http://www.fiatgroup.com
-By Liam Moloney and Luca Di Leo, Dow Jones Newswires; +39 06
6976 6924; liam.moloney@dowjones.com