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SolarWorld CEO says Opel takeover offer serious
November 19, 2008 / 12:13 PM / 9 years ago

SolarWorld CEO says Opel takeover offer serious

BERLIN, Nov 19 (Reuters) - SolarWorld has made a serious offer to General Motors (GM.N) for its German unit Adam Opel and is awaiting a response, SolarWorld Chief Executive Frank Asbeck told Reuters in Berlin on Wednesday.

“We’ve made a serious offer to General Motors to acquire the four German sities as well as the research and development facility in Ruesselsheim,” Asbeck said in an interview with Reuters Television after arriving at Berlin airport.

“We’re waiting for a response from GM. Big companies work slowly.”

Asbeck added: “This is no gag. It’s a serious offer.”

He said he had meetings in Berlin to discuss the offer but declined to say with whom. Asbeck has travelled in business delegations with Chancellor Angela Merkel in the past on foreign trips.

SolarWorld -- which makes solar-grade silicon, solar cells and panels -- is one of the three largest solar groups in the world and one of the fastest-growing companies in Germany with more than 2,000 employees. (Reporting Matthias Baehr; writing by Erik Kirschbaum)

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