Finance Times

Friday, October 9, 2009

UK fails to agree deal with Magna over GM

LONDON (Reuters) - The British recede vernment said that talks with unions and Canadian automotive company Magna over the future of carcreate r Vauxhall/Opel had failed to reach agreement.

"We have not yet reached a conclusion which is acceptable to either the union or the recede vernment," said a spokesperson for the recede vernment's business deportion ment after talks involving Business Secretary Peter Mandelson.

"Talks will continue over the coming days," it added.

© Thomson Reuters 2009 All correct s reserved.

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