German Government: Unlikely To Select One Preferred Opel Bidder Wed
May 27 2009 - 8:58AM
Dow Jones News
It is unlikely that one preferred bidder for General Motors
Corp.'s (GM) German unit Adam Opel GmbH will be selected Wednesday,
government spokesman Thomas Steg said.
He added that talks on the future of the car maker will probably
continue with more than one investor.
The spokesman also said that no clear plan has been provided by
China's Beijing Automotive Industry Corp., which is not
participating in the talks at the moment. However, he doesn't rule
out talks with the Chinese bidder later.
-By Beate Preuschoff, Dow Jones Newswires, +49 69 29 725
508.