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GM now expects $5.5B charge from its sale of Opel

NC
By:
Nick Carey
June 27, 2017 05:00 AM

DETROIT -- General Motors now expects the charge for its sale of Opel to PSA Group to reach $5.5 billion vs. its previous estimate of $4.5 billion, due to additional costs associated with the deal, Chuck Stevens, GM's CFO, said on Monday.

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