GM Talking Opel With German Officials

Executives from General Motors(GMGMQ Quote) will meet with German officials in Berlin Tuesday to discuss competing offers for its Opel subsidiary, according to a report.

The talks will focus on progress on the sale of a stake in Opel to Canada's Magna International(MGA Quote), the German government's preferred bidder, as well as rival offers from Beijing Automotive and Brussels-based RHJ International, Bloomberg reports, citing three people familiar with the matter.

Talks with Magna have been set back by its demands to control distribution of GM's Chevrolet brand in Russia and to use GM's intellectual property for purposes not included in the original agreement, Bloomberg reports. ...