GM set to agree Opel stake sale

Article predicts that General Motors would announce on the 15 October 2009 that it had reached an agreement to sell 55% of Opel to Magna and Sberbank in spite of failing to secure Spanish consent to move a production line to Germany.

ESO: Background information: Union leader expects Opel sale this week http://www.europeansources.info/record/union-leader-expects-opel-sale-this-week/

ESO: Background information: Madrid demands rework of Magna's Opel plan http://www.europeansources.info/record/madrid-demands-rework-of-magnas-opel-plan/

ESO: Background information: Britain questions viability of Opel plan http://www.europeansources.info/record/britain-questions-viability-of-opel-plan/

ESO: Background information: Merkel says government’s ‘patience’ paid off http://www.europeansources.info/record/merkel-says-governments-patience-paid-off/

Deutsche Welle, 13.10.09: GM CEO says Opel deal could be finalized this week http://www.dw-world.de/dw/article/0,,4784400,00.html

---