Opel wins funding by selling European facilities to GM -report

Newswire

BERLIN, Dec 20 (Reuters) - General Motors Co's loss-making Opel division agreed to sell six European facilities to its U.S. parent in return for winning extended funding, according to Frankfurter Allgemeine Zeitung. The transactions include an engine plant in Hungary, a development center in Turin, Italy, and a factory in Gliwice, Poland, the newspaper reported on Thursday, without citing the source of the information. Opel's supervisory board approved the sale ...

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