Source: Cerberus Not Interested in Opel Stake

FRANKFURT (Reuters) – U.S. financial investor Cerberus has no interest in taking a stake in General Motors’ (GM.N) Opel business, a source close to the situation told Reuters on Wednesday.

Speculation of this was unfounded, the source said, also denying German newspaper reports that officials from Cerberus — majority owner of U.S. carmaker Chrysler — had started talks with the German government about this.

Cerberus declined comment.

(Reporting by Philipp Halstrick; Writing by Michael Shields)