Financial Times FT.com

Berlin sets out conditions for Opel sale

By Bertrand Benoit in Berlin

Published: May 4 2009 13:15 | Last updated: May 4 2009 13:15

Opel’s future owners may have to set up headquarters in Germany in order to obtain financial support from the German government, according to an internal paper by Frank-Walter Steinmeier, vice-chancellor and foreign minister.

According to the paper obtained by the Financial Times, all potential Opel buyers would have to state where they intended the company’s headquarters to be located and where it would pay tax.

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