GM may bin Opel stake for pledges
China Daily | Updated: 2009-04-21 08:02
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Workers pass a car at the Opel factory in Ruesselsheim, Germany. Bloomberg News |
General Motors Corp is prepared to part with a controlling stake in Opel/Vauxhall for nothing but a pledge to invest directly in a new company formed from its European operations, the Financial Times said, citing two people familiar with its plans.
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