Abu Dhabi's government-linked investment fund Aabar does not plan to buy either further shares in Daimler or a stake in Opel, a spokesman for Aabar said. Germany's Focus magazine said Abu Dhabi was in talks to raise its Daimler stake from 9.
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Opel has denied its pension obligations would be an obstacle to a sale, as claimed in an earlier newspaper report.
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Five European countries are now backing a plan that could see Opel dealers take a minority stake in the automaker.
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Opel does not expect its pension obligations will be an obstacle to a sale, the German carmaker owned by General Motors said on Wednesday.
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Pension obligations of almost EUR4bn might be one obstacle in the way of an Opel sale, a business newspaper said on Wednesday.
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Opel does not expect its pension obligations will be an obstacle to a sale, the German carmaker owned by General Motors said on Wednesday.
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Opel's Dutch dealers said on Wednesday they had agreed to invest in a fund aimed at keeping the troubled carmaker afloat.
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Opel's Dutch dealers said on Wednesday they had agreed to invest in a fund aimed at keeping the troubled carmaker afloat.
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The 'New GM' is likely to sever ties with Opel/Vauxhall, leaving a business with almost no global presence outside Europe. How will the soon-to-be former GM Europe survive, asks Mark Bursa
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The 'New GM' is likely to sever ties with Opel/Vauxhall, leaving a business with almost no global presence outside Europe. How will the soon-to-be former GM Europe survive, asks Mark Bursa
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Germany's economy minister Karl-Theodor zu Guttenberg is to visit Abu Dhabi to evaluate the possibility of the Gulf emirate taking a stake in Opel, media reports said.
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Germany's Commerzbank is preparing to issue an offer document to a "handful" of potential investors in General Motors Opel unit, the Financial Times reported on Tuesday, citing sources close to the automaker.
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Germany's Commerzbank is preparing to issue an offer document to a "handful" of potential investors in General Motors Opel unit, the Financial Times reported on Tuesday, citing sources close to the automaker.
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Germany's Economy Minister Karl-Theodor zu Guttenberg plans to visit Abu Dhabi to explore the possibility of the Gulf emirate taking a stake in General Motors' German unit Opel, a newspaper said.
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Opel denied on Monday that four German manufacturing sites were used as collateral for a U.S. government loan to parent General Motors. "The real estate of the German Opel plants belongs to Adam Opel GmbH.
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Germany's Economy Minister Karl-Theodor zu Guttenberg plans to visit Abu Dhabi to explore the possibility of the Gulf emirate taking a stake in General Motors' German unit Opel, a newspaper said.
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A labor leader at General Motors' Opel subsidiary on Monday confirmed reports that the German state of North Rhine-Westfalia has held talks with Abu Dhabi on possibly investing in the unit.
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Abu Dhabi's royal family might invest in Opel, a press report said on Monday.
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General Motors Europe is speaking to industrial groups, sovereign wealth funds and banks which are interested in buying a stake in Opel/Vauxhall, company sources said Friday.
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General Motors Europe is speaking to industrial groups, sovereign wealth funds and banks which are interested in buying a stake in Opel/Vauxhall, company sources said Friday.
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