Fiat Disconcert by Magna's Offer to Opel
8 May 2009, 13:11 UTC · By: Daniel Patrascu / If you had followed the story, you'd know by now that the offer made by Magna to take over German manufacturer Opel is considered better than Fiat's by the Supervisory Board of the company...
Magna Better Than Fiat in Opel Takeover Battle
8 May 2009, 10:28 UTC · By: Bogdan Popa / We already told out that Opel's fate is currently in the hands of two large companies, Magna International and Fiat. Magna has the money to purchase GM's German unit and even help it get o...
Magna Says It Has Enough Money to Buy Opel, Fires 725 Workers in Canada
30 Apr 2009, 14:52 UTC · By: Bogdan Popa / The long stopry short: Magna International has recently been linked with an Opel acquisition, with the officials of the company hinting that it has enough money to purchase the German unit. Meanwhil...
The Good Samaritan: Magna's Stronach Wants Only to Help Opel
30 Apr 2009, 09:12 UTC · By: Tudor Raiciu / If you've been reading our reports, you must have heard the rumors that Opel is being disputed by Magna International and Russian oligarch Oleg Deripaska on one side and sneaky Fiat on the othe...
GM to Continue Opel Negotiations Till May, Hints at Possible Sale
29 Apr 2009, 15:26 UTC · By: Bogdan Popa / There are a lot of rumors surfacing these days when it comes to GM's German unit Opel but, according to General Motors' new CEO Fritz Henderson, negotiations regarding a potential investme...
Fiat vs. Magna in Opel Majority Stake
29 Apr 2009, 10:09 UTC · By: Bogdan Popa / Although nobody knows for sure whether the German automaker Opel can get through the crisis as an independent company or under General Motors' umbrella, Fiat and Magna are now challenging one a...
Germany Eyes Magna for Opel Investment
28 Apr 2009, 12:20 UTC · By: Daniel Patrascu / The German Economy Minister Karl-Theodor zu Guttenberg is meeting today representatives of Magna to discuss a possible investment of the company in GM's Opel. This comes as a result of a possib...