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Over on Automotive News Europe columnist Luca Ciferri has a good piece headlined "Seven reasons why GM is considering keeping Opel."Some of the reasons have been mentioned in previous coverage of the long-running auction--for example, the desirability for General Motors Co. (NYSE:GM) of keeping control of Opel in Russia, rather...
Posted on August 31, 2009 1:22 PM
Swedish utility giant Vattenfall AB will pay €8.5 billion ($10.9 billion) in cash for Dutch energy firm Nuon NV's production and supply company. Nuon's grid company, Alliander, is not included in the deal. State-owned Vattenfall said the transaction will boost the transition toward a climate neutral operation by 2050...
Posted on February 23, 2009 10:02 AM
Since they started bailing out U.S. banks last year, sovereign wealth funds have gained traction in the media and instilled a bit of fear in some people about their intentions. On Wednesday, the German government approved a law that would allow it to block foreign investors from taking a 25% or more stake in German companies, if it deems said investments a danger to ...
Posted on August 20, 2008 9:17 AM
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