Italy Fin Min Tremonti: Government Roles Key In Fate Of GM's Opel
26 Mai 2009 - 3:41PM
Dow Jones News
ROME (MF-Dow Jones)--Governments are playing a key role in the
fate of General Motor Corp.'s (GM) German unit Adam Opel GmbH,
Italy's finance minister said Tuesday.
Giulio Tremonti told television channel Rai 1 that "it's a game
that is being played with the German government, the governors of
the German states, the Russian government and the American
government. It's a very complex game."
Italian car maker Fiat SpA (F.MI) is one of three bidders.
The other two bidders are Canadian auto supplier Magna
International Inc. (MGA), which put forward an offer with Russian
state-controlled bank OAO Sberbank, and Ripplewood Holdings
LLC.
-By Elisabetta Rovis, MF-Dow Jones and Luca Di Leo, Dow Jones
Newswires; +39 06 697 66920; djitaly@dowjones.com