Fiat, Magna must improve Opel offers-German minster

Newswire

BERLIN, May 27 (Reuters) - Italy's Fiat and Canadian supplier Magna International must significantly improve their offers for German carmaker Opel, Economy Minister Karl-Theodor zu Guttenberg said on Wednesday. Guttenberg said he expected no agreement on one preferred Opel bidder at a government meeting later on Wednesday. Guttenberg also said the government needed more details on a Chinese bid for Opel, which was currently only two pages long. (Reporting by Gernot Heller)

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