Fiat bids for Opel
GERMANY: Job concessions will undermine Fiat-Opel merger case – analyst
As the race for Opel enters a critical phase in which the German government chooses a preferred bidder, analysts are…
ITALY: Bank backs Fiat’s Opel bid
With the German government expected to make its decision on who it favours to buy a majority share in General…
GERMANY: Opel decision imminent
The German government has said it would select its preferred bidder for Opel and Vauxhall’s operations as early as tomorrow.…
ITALY/GERMANY: Fiat one of three bids for Opel
As expected, Fiat has confirmed that it has submitted an offer for GM Europe's Opel and Vauxhall operations. Should this…
ITALY: Fiat has better than 50% chance of Opel win – Marchionne
Fiat chief executive Sergio Marchionne has expressed confidence in Fiat's efforts to acquire the German automotive producer Opel. The auction…
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GERMANY/US: GM expects at least three Opel bidders
General Motors said on Wednesday it expected at least three bidders for a stake in Opel to hand over plans…
UK: M&A speculation heating up – UBS
Investment bank UBS has said in a research note that it is increasingly confident 'that the proposed merger of Fiat…
GERMANY: Banks agree Opel/Vauxhall bridging loans
The German government has agreed with a group of state-owned banks to provide bridging loans for General Motors' Opel/Vauxhall unit…
ITALY: Fiat denies cuts report
Fiat has denied reports that it plans to slash 18,000 jobs by closing or scaling down 10 factories in Europe…
GERMANY: Fiat chief outlines his merger plans
Fiat chief Sergio Marchionne has outlined plans to merge Fiat, Chrysler and General Motors Europe into a new automotive group…