| | | | Breaking news Thursday May 28 2009 | | Opel talks stall on GM financing demand | The future of Opel hung in the balance on Thursday morning after top-level talks led by the German government aimed at securing a state-backed bail-out for the General Motors-owned carmaker ended in failure after the US carmaker demanded an extra €300m in financing. Berlin blamed GM and the US Treasury for the failure of the talks and said Opel would become insolvent if a deal was not struck by by Friday night. http://link.ft.com/r/BLH300/AHRGW/RU20X/TX49F/GCRTJ/82/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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