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GM Won't Sell Opel After All

European operations won't go to Canadian outfit

By Will McCahill, Newser Staff

Posted Nov 3, 2009 7:47 PM CST

(Newser) – General Motors backed out today on a deal to sell Opel, its European arm, to a Canadian parts supplier and its Russian banking partners. The GM board’s move reflects an uptick in the auto business, the Financial Times reports, and will also be a... Read full story »

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GM Won't Sell Opel After All

European operations won't go to Canadian outfit

Magna International Inc. • Germany • General Motors • mergers and acquisitions • auto industry • Opel • Sberbank

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