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By contrast, deals such as Ford's with Volvo, or BMW with whoever, would be at least partly about widening product range and expansion, although any purchaser of BMW would be likely to close Longbridge.Which throws the spotlight on to the other big obstacle to European consolidation: governments.
Similar(59)
The deal is likely to close by Wednesday, Bcom3 said in a statement.
Numerous companies of all sizes are likely to close as banks cut back on issuing credit.
The statement by Opel confirmed fears that the aging factory in Bochum was likely to close.
And all things equal, the factory with the most debt is likely to close first.
The remaining 59 branches, which employ 181 staff, are not part of the deal and are likely to close.
Analysts have said that dozens of weaker lenders were likely to close down over the rest of the year.
If landlords do not agree to BHS's demands then the stores are likely to close and more jobs will be lost.
But Bob Van Der Meiren, 58, said the handwriting was on the wall -- the plant was likely to close in a few years and he, for one, was ready.
Even so, G.M. and Chrysler are likely to close more manufacturing facilities as they overhaul their operations to meet conditions of the federal loans.
In the longer term, some new owners are likely to close branches of the bank they have acquired in order to cut costs.
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