Magna Ups Opel Bid [Eire Region]

Daily MailJuly 29, 2009

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Summary


CANADIAN car parts maker Magna has increased the amount of upfront cash it will pump into its offer for Vauxhall and Opel in a last-ditch attempt to woo stricken parent General Motors.

Magna is now offering e350m of its own capital, along with a further e150m in convertible debt.

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Magna Ups Opel Bid [Eire Region]

The firm origi...

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