TITLE

Rover deal on rocks; 1 more month, says BMW

AUTHOR(S)
Wernle, Bradford
PUB. DATE
May 2000
SOURCE
Automotive News;5/1/2000, Vol. 74 Issue 5872, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that BMW AG has extended its search for a buyer for its Rover Group subsidiary following collapse of the latter's negotiation with venture capital firm Alchemy Partners. Option for BMW if it failed to find a buyer for its subsidiary; Alchemy's statement concerning the breakdown of negotiations; Overview on British consortium named Phoenix's acquisition proposal for Rover Group.
ACCESSION #
3072860

 

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