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Germany Optimistic On Deal
Source: Agencies |
September 12, 2009, Saturday
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Print Edition
Print Edition
THE German government does not expect the European Commission to thwart a plan by General Motors to sell a controlling stake in European car maker Opel to Canada's Magna, a spokesman said yesterday.
"The government is optimistic that any issues can be resolved," said government spokesman Ulrich Wilhelm.
Germany has pledged 4.5 billion euros (US$6.58 billion) in financing guarantees under the deal along with other nations.
"The government is optimistic that any issues can be resolved," said government spokesman Ulrich Wilhelm.
Germany has pledged 4.5 billion euros (US$6.58 billion) in financing guarantees under the deal along with other nations.
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