(Reuters) - British Airways is considering a one billion pound bid for smaller rival bmi the Times said.
General Motors Corp. will not make a first-round bid for DaimlerChrysler AG's Chrysler unit, leaving just private equity firms and an auto parts supplier in the running, the Times reported, citing unnamed sources close to the talks.
Read more at Reuters.com Mergers News
Showing posts with label DaimlerChrysler AG. Show all posts
Showing posts with label DaimlerChrysler AG. Show all posts
Wednesday, March 28, 2007
Sunday, February 18, 2007
GM in early talks to buy Chrysler
General Motors Corp. is in preliminary talks to buy Chrysler, the struggling U.S. arm of DaimlerChrysler AG, or to strike a strategic alliance with the rival automaker, sources familiar with the situation said on Friday.
There was deep skepticism on Wall Street about whether such a merger made sense for GM and whether it could ever happen.
An outright takeover of the Chrysler Group by GM would risk complicating the turnaround efforts of both companies, analysts said, even as it created an industry giant with a nearly 40 percent share of the U.S. market.
Read more at Reuters South Africa
There was deep skepticism on Wall Street about whether such a merger made sense for GM and whether it could ever happen.
An outright takeover of the Chrysler Group by GM would risk complicating the turnaround efforts of both companies, analysts said, even as it created an industry giant with a nearly 40 percent share of the U.S. market.
Read more at Reuters South Africa
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