Shearman & Sterling advises German government on GM-Opel spin-off

May 28, 2009 Magna and Fiat are bidding for General Motors (GM)-owned Opel. Magna is being advised by Sullivan & Cromwell, Fiat by Gleiss Lutz and SZA Schilling Zutt & Anschütz. GM's advisers include Clifford Chance, Weil Gotshal & Manges, and Baker & McKenzie.

The German government is considering a government grant to support an acquisition of Opel by a foreign investor.

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