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German official: GM still wants to sell Opel

German official: GM still wants to sell Opel

A German government official says General Motors Co.'s negotiator has made clear during a meeting with federal and state officials that the automaker is still interested in selling its European Opel unit.
The government official says that new management at GM has been requiring more information on the pair of offers, therefore delaying a decision.
GM negotiator John Smith was in Berlin Tuesday to discuss offers from Canadian auto parts maker Magna International Inc. and Russian state-owned bank Sberbank over an offer from Brussels-based investor RHJ International SA to take over Opel.
Rumors had swirled recently that GM was eager to hold on to the unit.