May 20: Deadline to buy stake in GM Europe closes

Name: May 20: Deadline to buy stake in GM Europe closes
Uploaded: 2009-05-20T11:06:51.000Z
Duration: PTNaNMNaNS
Channel: Financial Times
Description: John Reed looks at the bidders leading the race

At least three bidders will make formal offers for a stake in General Motors' European operations Wednesday and will be asked to come up with about E650m ($887m). John Reed, motor industry correspondent, talks to Daniel Garrahan about which bidders are leading the race and the obstacles that could slow the deal.

May 20, 2009