Nobuhiko Kawamoto, president of Honda Motor Company, said in Osaka that it planned to handle the change in control at Rover 'calmly, in a positive way'.
He went on to deny that Honda, which has a 20 per cent stake in Rover, intended to exact its revenge by releasing its shareholding. 'We want to make a serene decision in a purely business move,' he added.
No date has yet been set for a meeting between Mr Kawamoto and BMW's chairman, Bernd Pischetsrieder, although the two men are expected to get together some time next week.
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