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General Motors was re-examining its options for Opel yesterday after the European Union's warning that the proposed sale to Magna International and Sberbank might breach state aid rules. Executives at the Detroit carmaker yesterday were discussing alternatives to the long-planned sale if the deal should fail on regulatory grounds, according to two people close to the company. GM still favours the sale to the Canadian/Russian consortium, these people said, because it fears the only real alternative is insolvency and a controlled administration process. This would result in more jobs being lost than the 11,500 Magna has proposed cutting across Europe. Neelie Kroes, the EU's competition chief, threw the sale into disarray on Friday when she said in a letter to German economics minister Karl-Theodor zu Guttenberg that Berlin's financial aid for the spin-off appeared to be conditional on Magna and Sberbank winning control, and thus could violate the bloc's antitrust rules. A spokesman for the German government trust managing Opel said yesterday that it had based its decision to approve the sale to Magna and Sberbank purely on economic grounds. He said that it was up to the German government to clarify any concerns with Brussels. “We expect that the process will not need to be restarted,” the spokesman said. The European Commission said that it had seen a copy of a letter sent on Saturday by Germany's government to GM and the Opel trust assuring them that the €4.5bn ($6.7bn) of government aid for the deal was not dependent on Magna and Sberbank being the winner, and was available to all bidders. 德国政府在上周六致通用汽车和欧宝信托机构的一封信函中向它们保证,政府为该交易提供的 45亿欧元(合67亿美元)援助资金,并不以麦格纳和俄罗斯联邦储蓄银行竞购胜出为条件,而是面向所有竞标者。欧洲委员会(European Commission)表示已经看到这封信函的副本。 |
