General Motors (GM) wants to receive royalties for the use of its technology after a deal to sell its European division - the company Opel. According to financial director of GM Ray Young, the issue of intellectual property rights - the chief of the negotiations with the applicants on the Opel.
Negotiations on the sale of Opel from the three main contenders - Canadian-Austrian Magna, acting in consortium with the Russian Savings Bank, a Belgian RHJ International and Chinese public car Beijing Automotive Industry Holding Co. (BAIC) - continued.
RHJ could provide a new, improved proposal for the purchase of Opel. It was expected that the new proposal will involve reducing the amount of guarantees provided for Opel by the Government of Germany (up to 3.8 billion euros compared with 4.5 billion, which requests the Canadian Magna).
Talks GM also raised the question of increasing their share of the Opel in the future if the situation in the German company will improve. This, however, is not a key issue when deciding on the choice of the investor for Opel, said the general director of GM Fritz Henderson.
In turn, the Magna-Alliance Bank announced that he would like to get right to the brand Chevrolet in Russia.
It was reported that the German Government and the leadership of GM may choose to BAIC. The Chinese company makes GM a much more generous offer than the consortium of Magna and Sberbank. Manual GM and Magna comments regarding this situation have not yet yielded.
Recall, BAIC said that it is ready to pay for a share of the Opel 660 million euros. BAIC has sent a letter to several members of the German Government with a proposal to buy 51% Opel with government guarantees in the amount of 2.64 billion euros.
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