UK: Rover says no bid deadline extension for Phoenix
Rover Chief Executive Werner Saemann has not given British consortium Phoenix an extended deadline to improve its bid for the car maker, Rover parent BMW has said. A BMW spokesman said Trade and Industry Secretary Stephen Byers met Saemann on Tuesday to ask for an extension to the deadline beyond the end of April or beginning of May. Saemann made clear, however, that there would be no extension of the deadline, the BMW spokesman said.
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