FACTBOX-New GM board at center of Opel talks

Newswire

DETROIT, Aug 25 (Reuters) - The new board of General Motors Co [GM.UL] has emerged as a key player in the outcome of the automaker's long-running talks to sell off its Opel unit. Last week, the board failed to endorse a carefully negotiated deal that would have sold Opel to a group led by the Canadian automotive group Magna with financial backing from the government of Germany. Instead, the board asked for more information on that bid and a rival offer from Belgium-based RHJ . Sources ...

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