23 November, 2009
GM's Reilly says would cost 3.3 bln euros to fund Opel
BRUSSELS, Nov 23 (Reuters) - It would cost 3.3 billion euros ($4.9 billion) to rehabilitate struggling German car-maker Opel, the European head of its owner, General Motors, said on Monday.
"Our total financing requirements are around 3.3 billion euros," Opel's interim chief executive Nick Reilly told reporters after a meeting with European economy officials to discuss the matter in Brussels.
((Reporting by John O'Donnell, +32 2 287 6817 or +32 473 92 48 90; john.odonnell@thomsonreuters.com)) ($1=.6679 Euro)
Source: http://www.reuters.com
GM's Reilly says would cost 3.3 bln euros to fund Opel Added: (23.11.2009)
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