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China Daily | Updated: 2009-10-14 08:08

Opel deal 'this week'

General Motors Co may finalize a deal this week to sell a majority stake in its European carmaking arm Opel to a Canadian-Russian consortium, its CEO said yesterday, as the firm sheds unwanted brands.

The Detroit automaker decided last month to sell a 55 percent stake in Opel to a consortium including Canada's Magna and Russia's Sberbank.

IN BRIEF (Page 17)

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