Ryan's District Boards

RD Today => All the News => Super Blog => Topic started by: Sunite on November 19, 2008, 11:02:49 PM

Title: Solar power magnate’s bold bid for ailing carmaker
Post by: Sunite on November 19, 2008, 11:02:49 PM
Solar power magnate's bold bid for ailing carmaker
      


SolarWorld chief executive Frank Asbeck raised eyebrows by announcing plans to bid for the German plants of General Motors’ Opel unit.
Here was a small 10-year-old company specialising in producing photovoltaic systems with 2,000 employees and annual sales of 700 million euros preparing the stage for a seemingly audacious takeover of a legendary 146-year-old German company [...]
         

http://feeds.reuters.com/~r/reuters/blogs/environment/~3/WzUvRSwHm1U/