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Wednesday 19 August 2009 8:00 pm

Germany may sweeten Opel bid

By: admindrupal

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Germany could provide ¤4.5bn euros (£3.9bn) in state aid for carmaker Opel if General Motors chooses Canada’s Magna, Berlin’s favoured suitor, as the buyer, a minister said. The last-ditch offer would see the federal government and German states with Opel plants split the initial aid bill without waiting for other European countries that have GM sites to chip in.

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