| | | | Breaking news Friday May 29 2009 | | Fiat pulls out of Opel talks | Fiat pulled out of Friday's German government-led talks on the future of Opel, saying that a request to it for emergency funding to help keep the General Motors-owned carmaker afloat would expose it to "extravagant risks." The Italian carmaker said that it remained interested in a potential merger with GM, but its sudden withdrawal throws another wrench into the talks on spinning off the Detroit company's European business ahead of a US bankruptcy filing expected next Monday. http://link.ft.com/r/LVA6WW/NMCV3/HETUC/VDYVF/33XMQ/T3/h | | | © THE FINANCIAL TIMES LTD 2009 | The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21. | |
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