Belgium investment group RHJ has raised its bid for General Motors' (GM) European car firm Opel from 275m euros ($391m, £241m) to 300m euros. RHJ has also lowered the amount it would request in German state aid were it to take control of the company. The offer would see RHJ take a 50.1% stake in the company, with GM retaining 39.9% and … [Read more...]
RHJ say Vauxhall safe if they win bid
August 12, 2009 By
RHJ International, the Belgian group vying to buy Vauxhall/Opel says it has no plans to close the car firm's two manufacturing plants in Britain at Luton and Ellesmere Port. RHJ and Magna International are the two companies bidding to take a controlling stake in General Motors Europe. It had been thought that a new owner would close at least one … [Read more...]
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