Financial Times FT.com

GM seeks alternative Opel bids

By John Reed in London and Daniel Schäfer in Frankfurt

Published: June 30 2009 03:00 | Last updated: June 30 2009 03:00

General Motorshas stepped up negotiations with rival suitors to offload a stake in Opel/Vauxhall, its European carmaking business, and could sign at least one memorandum of understanding this week as talks with Magna International, preferred bidder, have hit obstacles.

OpelMagna International

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