RHJI Opel Bid Requires EUR3.8 Billion In Government Guarantees - Source
13 Juli 2009 - 5:23PM
Dow Jones News
A bid from Belgian investment company RHJ International SA
(RHJI.BT) for General Motors Corp.'s (GM) Adam Opel GmbH European
unit would require only EUR3.8 billion in government financing
guarantees, compared with the EUR4.5 billion of Magna International
Inc. (MGA), a person close to the matter told Dow Jones Newswires
Monday.
RHJ International wouldn't close any Opel plants in Germany or
England, the person said. The Brussels-based company said earlier
Monday it is in advanced talks with GM to acquire a stake in
Opel.
-By Alessandro Torello, Dow Jones Newswires; +32 2 741 14 88;
alessandro.torello@dowjones.com