UPDATE 2-Opel reaches savings deal with workers


* Opel labour reps, management reach "tentative" deal * Agree on labour cost savings of 265 mln euros annually * 176.8 mln euros of savings to come from Germany * Deal based on plans for investment, new products * State loan guarantee could be decided on Tuesday (Adds agreement, detail from statement) FRANKFURT/RUSSELSHEIM, May 21 (Reuters) - Carmaker Opel has reached an outline deal on wage concessions with employee representatives, removing an obstacle to state aid for its ...

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