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Fiat Pulls Out of German Talks to Buy GM Arm

Prospective Opel buyer balks at new request for bridge funding

By Jason Farago,  Newser Staff

Posted May 29, 2009 5:39 AM CDT

(Newser) – Fiat is boycotting talks in Germany today to acquire Opel, the European arm of General Motors, blasting GM for withholding financial information necessary for due diligence and balking at a new request for emergency funding. Fiat CEO Sergio Marchionne has taken part in days of...   Read full story »

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