Fiat CEO Sergio Marchionne met German Chancellor Angela Merkel Tuesday to discuss his bid for ailing General Motors Corp.’s Opel unit as a decision on the company’s future nears.
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Three bidders — possibly four — have offered to acquire part or all of General Motors Corp.’s ailing Adam Opel GmbH unit, people familiar with the situation said Wednesday.
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Canadian auto supplier Magna International Inc. confirmed Monday it is talking to General Motors Corp. and German officials about acquiring a minority stake in Adam Opel, the German carmaker that is the core of GM’s European operations.
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