FACTBOX-Germany's plans to create trustee for Opel

Newswire

BERLIN, May 27 (Reuters) - Germany's government plans to reach agreement on providing temporary financing for carmaker Opel if its parent, U.S. carmaker General Motors , files for bankruptcy. Here are some facts about the plans to set up a trustee arrangement for Opel. THE AIM The German government wants to protect Opel's assets from GM creditors if GM files for bankruptcy and to ensure Opel has sufficient cash to continue operating until a partner has been found for the brand. The ...

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