A German solar energy company has made a surprise bid to buy Opel from General Motors.
SolarWorld, which bought Shell’s solar fuels operation two years ago, yesterday offered GM €1bn (£844m) for Opel. The offer would include Opel’s four factory sites and its Russelsheim research and development base. It would not include any of Vauxhall’s assets or facilities.
Both GM and Opel rejected the offer, even though cash-strapped GM claims it will run out of money before Christmas, and Op...
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