NEW YORK, June 29 (Reuters) - Goldman Sachs & Co. on Friday pulled its $200 million refinancing loan for Oreck Corp., sources told Reuters Loan Pricing Corp.
The loan was launched in April but failed to gather interest from lenders. Investors have been reluctant to commit to the deal as Oreck has already breached covenants under its existing bank loan.
PARIS (Reuters) - General Motors will wind down operations at its loss-making Swedish unit Saab after an attempt to sell it to small Dutch luxury carmaker Spyker Cars failed.
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