Sberbank wants GM to compensate for Opel -report

Newswire

NEW YORK, Dec 25 (Reuters) - Russian state-controlled Sberbank has said General Motors [GM.UL] should compensate it for an aborted attempt to sell a stake in Opel or it will sue, the Associated Press reported on Friday. Sberbank and Canada's Magna tried to buy a stake in Opel, but the deal fell through last month after months of painstaking negotiations when GM's board decided to keep the the loss-making unit. [ID:nN03518816] Sberbank Chief Executive German Gref said in televised ...

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