Blog: Dave LeggettSurreal times?

Dave Leggett | 20 November 2008

That was a little out of left-field, eh? Was it a clever PR stunt yesterday by SolarWorld to say that it is planning a bid for Opel's German facilities or is it really serious? Before we all laugh it off as a cheeky stunt, let's just reflect on how desperate for cash certain companies are. GM is to sell a 3% stake in Suzuki to raise a bit over $200m. SolarWorld is talking about a billion euros for four factories, the products produced (royalties and rights would surely be negotiable) and Russlesheim's R&D (more tricky, but might be a way to share). Mad?

GERMANY: SolarWorld AG ‘planning to submit Opel offer to GM’


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