TIMELINE-11th-hour deal saves Opel

Newswire

May 31 (Reuters) - A German government-orchestrated rescue of struggling carmaker Opel has opened divisions in Chancellor Angela Merkel's conservative alliance only four months before the country's federal election. Here is a summary of recent events at Opel, founded in 1863 and bought by GM in 1929: Nov. 2008 - Opel asks Germany for state loan guarantees. Feb. 2009 - GM presents restructuring plan to the U.S. government, puts its Swedish unit Saab up for sale and says it will need to ...

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