MLC FLASH NEWS

May 29, 2009

Hope for Opel as Magna nears deal with parent GM

Filed under: Gadgets — Reuters: Top News @ 11:28 am

FRANKFURT/BERLIN (Reuters) - Canadian auto parts group Magna has reached a preliminary deal with General Motors Corp to invest in Opel, boosting hopes for a deal with the U.S. and German governments to save the carmaker.

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