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Report: GM shares could rise 35% if it sells Opel

Posted online February 20, 2017 | 12:28 pm

General Motors shares could rise as much as 35 percent if succeeds in selling off its European Opel brand and focuses on its healthier markets, according to a Barron's report.

GM last week said it was in talks to sell Opel to Paris-based PSA Group.

The Opel unit cost GM $257 million last year.

Read more from Reuters.

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