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. Last Updated: 07/27/2016

RHJI Sweetens Opel Bid

RHJ International has revised its offer for Opel in the past 24 hours, calling for Germany to provide loan guarantees of 3.2 billion euros instead of 3.8 billion euros, a spokesman for the Brussels-based investor said Tuesday.

RHJ would put in cash of 300 million euros instead of 275 million euros, spokesman Arnaud Denis said in an interview. The new bid foresees loan repayment by 2013 instead of 2014, he said.

(Bloomberg)