Three formal bids expected for stake in GM’s Europe operations

Article reports that at least three bidders will make formal offers for a stake in General Motors' European operations on the 20 May 2009 and will be asked to come up with about €650m.
RHJ International, the Brussels-listed car parts holding company, emerged alongside Italy's Fiat and Canada's Magna as serious contenders for the troubled US carmaker's Opel-Vauxhall divisions.

Deautsche Welle, 20.5.09: Time running out for Opel bidders http://www.dw-world.de/dw/article/0,,4267380,00.html

Deutsche Welle, 23.5.09: Opel's fate to be decided within the week http://www.dw-world.de/dw/article/0,,4273628,00.html

ESO: Background information: Starting grid fills up in race for GM's European business http://www.europeansources.info/record/starting-grid-fills-up-in-race-for-gms-european-business/

---