Royal Family of Abu Dhabi interested in acquiring Opel

The royal family of Abu Dhabi revealed the fact that it is interested in taking over Opel, says the German newspaper Allgemeine Zeitung. It seems that the UAE are interested in buying more and more stocks in these hard financial times…After Daimler, which recently sold 9.1% to a company owned by the Abu Dhabi government, it seems that Opel has the same chances in fighting against the crisis.
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theoptimisticpessimist - 4/6/2009 9:35:32 PM

+2 Boost

Wow I wonder if that includes Lexus's racing team.

dumpsty - 4/7/2009 11:41:49 AM

+1 Boost

Didn't this same Royal Family just purchase a stake (10-20%) in Daimler recently?

dumpsty - 4/7/2009 11:46:03 AM

+1 Boost

sorry...had i finished reading the brief statement....

So, Middle Eastern interests have realized that these automakers will eventually bounce back & have purchased their piece of a very profitable pie.