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Opel trust:no need to reopen sale
The German trust set up to oversee Opel said it saw no reason to re-open the carmaker’s sale despite EU concerns that Germany’s promises of state aid had skewed the bidding process. Seeking to deflate a row over €4.5bn (£4.1bn) in state aid that Berlin promised Opel should Canadian auto parts firm Magna buy the firm, the Opel Trust said yesterday that business logic not political factors had dictated the sale.