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GM Board Recommendation to Sell Majority Stake in Opel/Vauxhall to Magna International/Sberbank

Drew Dowdell

By Drew Dowdell
in Industry News

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Drew Dowdell

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Posted
GM Board Recommendation to Sell Majority Stake
in Opel/Vauxhall to Magna International/Sberban

post-51-1252591165.png


  • GM to sell 55% stake in New Opel to Magna/Sberbank
  • Agreement on new ownership structure signals fresh start for New Opel
  • Employees to hold 10% stake in New Opel
  • Government supports financing through additional state guarantees
More: GM Board Recommendation to Sell Majority Stake in Opel/Vauxhall
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