The GM board’s unexpected decision to call off the sale to auto parts maker Magna International Inc. and Russian lender Sberbank was a startling end to months of haggling in which Chancellor Angela Merkel and other German leaders had strongly … “We’ve already begun to repay some of the bridge loan ,” Smith told reporters on the conference call. “All that is outstanding is roughly euro900 million.” Merkel, who was flying home from a speech to the U.S. Congress when GM …
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GM cancelation of Magna sale raises new uncertainty over Opel …
