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SolarWorld: the record bid to acquire General Motors Opel?

Other November 20th, 2008

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General Motors is the largest producer of vehicles in the world but in recent months of 2008 is experiencing a severe economic crisis result of contraction in demand that has forced the company to make drastic cuts in the budget.

According to well informed, SolarWorld, the German group specializes in delivering vehicles “green” would be interested in acquiring the Opel, one of the many brands controlled by General Motors.

The General Motors for its part does not seem willing to surrender but before a major bid by the company in the U.S. House could take a step back reviewing the possible sale.

SolarWorld would, in fact, put a plate on a figure of 1 billion euros while buying the brand and all its factories with the aim of transforming society in the main producing auto “green” throughout the world. We just have to wait for possible developments. We keep informed.

Autoline Industries Ltd acquires 49% of the shares of the Italian brand Zagato

Other September 26th, 2008

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The historic Italian brand Zagato has decided to sell part of its shares to an Indian company, we are talking about the group Autoline Industries Ltd.

The Indian company has indeed acquired a 49% stake and, therefore, the package is still majority controlled by the great leader Andrea Zagato, but it seems that there are already agreements to divest more shares to the Indian company that, therefore, in a future not too distant hold the majority package.

The Zagato coachwork is one of the best known in Italy thanks to its unmistakable Italian style that has made the rounds of the world. Through this agreement, the Autoline will then sell to its customers engineering services by the Italian style.

Recall, in fact, that the Autoline Industries Ltd provides engineering services to many car manufacturers among which the Indian group Tata Motors and American Chrysler.

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Porsche acquires further action Volkswagen

Porshe September 18th, 2008

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Important financial operation of Porsche, which has acquired an additional 4.89% of Volkswagen shares reaching a total of 35.14%.

In this way the House of Stuttgart has secured a majority during each meeting of shareholders since, as explained in the same company, hardly in a single assembly has a number of shareholders exceeds 70%.

This acquisition represents, however, an intermediate step since the goal of Porsche is to reach more than 50% stake in Volkswagen.

Meanwhile the announcement of the acquisition has not produced positive results on the stock exchange since the shares of Porsche fell 3.5% unlike those of Volkwagen who reported a slight rise of 0.42%.

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Official: Harley Davidson acquires Italian brand MV

Harley Davidson August 29th, 2008

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What was now in many weeks became official in recent days: Harley Davidson bought the trademark Italian MV paying a sum equal to 70 million euros.

With this sum the American company has acquired the entire package of shares of MV even if its chairman, Castiglioni, will remain in his armchair assisted by some leaders chosen by Harley Davidson.

The goal of American society is to expand further in Europe and it has decided to acquire the important Italian brand with the intent to continue to produce new motion luxury to a selected audience.

We just have to wait for the arrival on the market for new motorcycle brand with MV but with American instead of Italian nationality.

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