The two parties have already signed the contract, where GM is passing over
the rights to technology a.s.o.
Regards.
Has the government agreed to underwrite the EIB loans? Or do we take
it that if the sale is announced the government has agreed to underwrite
the loans.
Charles
> Has the government agreed to underwrite the EIB loans?
The negotiations are ongoing. There's still time, as the time runs out at
the end of september...
> Or do we take
> it that if the sale is announced the government has agreed to underwrite
> the loans.
Nope, the sale is only the transfer of stocks, knowhow and so forth. The
loans are for the continuency of the company.