Fiat Mulls Vauxhall Bid [Edition 3]

Summary


THE future ownership of General Motors' Vauxhall operations in the UK and its Opel subsidiary in Germany took a further twist today as fellow European operator Fiat readied itself for a bid.

News that the Italian carmaker is seriously considering tabling an offer highlights just how dramatically the German-preferred takeover of the business by Canadian car parts maker Magna has fallen back in the race.

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Extract


Fiat Mulls Vauxhall Bid [Edition 3]

Until a GM board meeting last Friday, it was seen as merely a matter...

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