It looks like GM May divest itself of something around 50% of Opel in exchange for €3 billion in aid.
Note that this is a loans and loan guarantees primarily from from German federal and state governments, not a sale, but these nations are demanding that GM give up a significant proportion of its ownership shares.
I think that this comes down to the European governments believing that GM would otherwise use Opel as a unwilling organ donor.
No comments:
Post a Comment