Germany’sAleo blames the disintegration of talks on the “increasingly challenging”European market, saying that it has resumed discussions with “other potentialbuyers”.
The latestfailure means that takeover talks are likely to drag on until at least early2014 – dangerously close to Aleo’s funding cut-off date next March.
This springBosch, a giant within Germany’s automotive sector, said it would exit the c-SiPV sector altogether, abandoning plans to establish a factory in Malaysia.Bosch
