GM 'Committed' to Opel Sale to Magna as Germany Keeps Door Open Bloomberg A non-cash bid by Turin-based Fiat failed in part because the company was unwilling to advance Opel 300 million euros. Magna agreed to provide the financing, winning support from GM and German authorities. Magna's cash hasn't since been required since ...
More info... Heritage Minister James Moore says he has never been approached by the CBC for an emergency advance on future federal funding - a statement disputed by the public broadcaster.It's another confusing twist in the verbal ping-pong match between Mr. Moore and CBC president Hubert Lacroix over emergency aid.
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