Monday, July 30, 2007

Deripaska company says not bidding for Ford brands

(Reuters) - "There is no interest from my company or from our subsidiary
Gaz in any of these brands," said a spokesman for Russian
Machines, the engineering and automotive arm of Deripaska's
Basic Element group, on Monday.




The comment came as some potential bidders that had
expressed interest in the units earlier in July start several
weeks of due diligence.


Read more at Reuters.com Mergers News

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