GERMANY - Automotive supplier Magna International denies media reports saying it has asked the German government to bear the burden of the pension fund of takeover target Opel, a General Motors subsidiary.
Magna spokesperson Daniel Witzani said the subject was completely under discussion at the moment and there was no decision taken yet. He said: "We aim to get to an optimal solution with the fede...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders