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RHJ Says Opel Talks at 'Advanced Stage'
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Updated from 1:17 a.m. EDT
RHJ International confirmed Monday it is negotiations with General Motors(symbol Quote) about an acquisition of a majority stake in GM's European unit Opel.
"These discussions have been taking place over a number of weeks and are at an advanced stage," RHJ said in a brief statement.
It was reported by the Financial Times that RHJ was putting together an improved offer for Opel with plans to present the offer to GM either Monday or Tuesday, a report says. ...
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