Archive for the ‘GM’ Category

Wednesday, November 19, 2008 1:52 pm | Edgar A. Gunther

SolarWorld plans bid for German GM Opel sites to expand Solar World

German Opel “Bailout” targets Reconstruction to Green Automotive Group “Automotive to Solar-motive” With “SolarWorld AG is Planning Takeover Offer for German Opel Sites” (Deutsch), SolarWorld has telegraphed a planned bid to General Motors Corporation (NYSE:GM) for four German factories and the Rüsselsheim development center of Adam Opel GmbH. SolarWorld AG (FRA:SWV) plans to offer €250 million cash and €750 million in bank credit