Spanish GM workers agree restructuring

General Motors' Spanish workers voted on the 26 October 2009 to approve Magna International's modified restructuring plan for their plant, bringing the Canadian company's takeover of Opel a step closer.

Separately, the European Commission said on the 26 October 2009 that it would rule whether the deal complied with its antitrust rules by the 27 November 2009.

ESO: Background information: Spain risks losing to Germany and UK in Opel game http://www.europeansources.info/record/spain-risks-losing-to-germany-and-uk-in-opel-game/

ESO: Background information: Berlin moves to clarify position on state aid http://www.europeansources.info/record/berlin-moves-to-clarify-position-on-state-aid/

BBC News, 26.10.09: Spanish workers accept Opel plan http://news.bbc.co.uk/1/hi/business/8326622.stm

Deutsche Welle, 22.10.09: Magna agrees to fewer job cuts at Spanish Opel plant http://www.dw-world.de/dw/article/0,,4817611,00.html

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