[lbo-talk] Bearzilla: Delivery of Wheels Confirmed

dredmond at efn.org dredmond at efn.org
Thu Sep 10 09:29:20 PDT 2009


Multipolarity on the march:

---------------------- http://www.bloomberg.com/apps/news?pid=20601087&sid=a1dirhy4Rrao

"GM Will Sell Opel to Magna, Accepting German Choice" By Jeff Green, Chris Reiter and Andreas Cremer Sept. 10 (Bloomberg) -- General Motors Co. agreed to sell its Opel unit to Magna International Inc., accepting the German government’s preference over a financial investor that the U.S. carmaker had favored. Magna, Canada’s biggest auto-parts maker, and its Russian partner OAO Sberbank will acquire a 55 percent stake in Opel, Detroit-based GM said in a statement. ----------------------

-- DRR



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