Opel future hangs in balance as GM picks buyer

Newswire

FRANKFURT, Aug 21 (Reuters) - The fate of Opel hangs in the balance as General Motors [GM.UL] is poised to pick a buyer for the European carmaker after months of negotiations. GM's board of directors could recommend either Canadian carmaker Magna's bid for Opel or that of Brussels-based financial investor RHJ International . Sources close to the matter have told Reuters the board will address the topic later on Friday. The U.S. carmaker, which emerged from bankruptcy protection on July ...

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