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  • Germany says GM must finance Opel restructuring

    Nov 11th, 2009 - BusinessWeek

    German Economy Minister Rainer Bruederle says he has told General Motors Co. officials their company has to be responsible for paying for the restructuring of subsidiary Opel.

  • Magna's Failed Opel Bid May Preserve Its Auto-Parts Customers

    Nov 4th, 2009 - Bloomberg

    Nov. 4 (Bloomberg) -- Magna International Inc.’s failed bidfor General Motor Co.’s Opel division may prevent the auto-partssupplier from losing customers that would balk at buyingcomponents from a rival vehicle maker...

  • Magna, Sberbank notify EU of Opel takeover plan

    Oct 26th, 2009 - Reuters

    * GM board to meet on Nov. 3 for final decision * EU takeover notification can be withdrawn if no deal BRUSSELS, Oct 26 (Reuters) - Magna International (MGa.TO)and Sberbank (SBER03.

  • Opel sale hits a snag. German government could be in a bind.

    Oct 19th, 2009 - BusinessWeek

    If the European Union sticks to it guns, General Motors may be able to sell its German Adam Opel AG unit in a more competitive auction or keep the company after all. Recall...

  • Magna, Sberbank team up in Opel bid

    May 23rd, 2009 - Forbes

    Canadian auto parts maker Magna International Inc. says it is joining forces with Russia's biggest lender, Sberbank, in a bid to take a majority stake in General Motors Corp.'s Opel unit. In a statement released late Friday...

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