ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

GM Generali

23.34
-0.14 (-0.60%)
11:33:19 - 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
  -0.14 -0.60% 23.34 23.33 23.35 23.36 23.07 23.31 102,619 11:33:19

Germany: To Back GM Opel Plan Best For German, EU Sites

12/05/2009 3:41pm

Dow Jones News


Generali (AQEU:GM)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more Generali Charts.

Germany's economics ministry said Tuesday it has agreed with the workers' council of General Motors Corp.'s (GM) German unit Adam Opel AG to only back the investor in GM's European operations which provides the most bearable restructuring model for GM's local sites.

Earlier Tuesday, Economics Minister Karl-Theodor zu Guttenberg and his state secretary Jochen Homann met with the heads of Opel sites' workers council.

"All participants emphasized the joint effort that that solution will be accepted after an unbiased examination of all yet to presented company and restructuring plans that has the most bearable solution for the future of the German/European sites," the statement said.

The ministry also stressed that if GM were to file for Chapter 11, the company must remain "capable to act" and this "mustn't pressure to any premature decisions."

-By Andrea Thomas, Dow Jones Newswires; +49-30-288-8410; andrea.thomas@dowjones.com

 
 

1 Year Generali Chart

1 Year Generali Chart

1 Month Generali Chart

1 Month Generali Chart

Your Recent History

Delayed Upgrade Clock