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GM Generali

23.39
-0.09 (-0.38%)
16 Jul 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Generali AQEU:GM Aquis Europe Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.09 -0.38% 23.39 23.40 23.41 23.435 23.07 23.31 202,898 16:50:17

German Econ Min: Still Looking For European GM/Opel Solution

11/03/2009 5:33pm

Dow Jones News


Generali (AQEU:GM)
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Germany is still working on finding a European solution for General Motors' (GM) German unit Adam Opel AG, and several measures are under consideration, German Economics Minister Karl-Theodor zu Guttenberg said Wednesday.

Speaking after bilateral talks with Swedish Trade Minister Ewa Bjorling, zu Guttenberg said he had asked his colleague about Sweden's experience with GM's Saab unit, which recently sought protection from creditors.

"I'm far from drawing an analogy," zu Guttenberg said. "I believe that we're working on very different measures in our country and that we're continuing to search for a European solution in any form," zu Guttenberg said.

He said there are still unresolved issues regarding GM Europe's restructuring plan for Opel.

Web sites: www.bundesregierung.de; www.gm.com

-By Andrea Thomas, Dow Jones Newswires; +49 (0)30 - 2888 410; andrea.thomas@dowjones.com

 
 

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