Adam Opel GmbH employees won't get extra voting rights through their 10% stake in the New Opel company, a German government official told the lower house of parliament's economics committee Tuesday, according to a summary provided by the lower house's press department.

In the meeting, the government official said Opel staff won't get voting rights for their stake because employees are already represented on Opel's supervisory board with half of the seats and they would get an absolute majority if they got any extra seats, according to the press department.

Earlier this month, General Motors Co. agreed to sell a majority stake in Opel and its U.K. brand Vauxhall to Canadian auto-parts maker Magna International Inc. (MGA), which launched a joint bid with Russian state-controlled savings bank OAO Sberbank (SBER.RS). Magna and Sberbank will buy a 55% stake while GM will keep a 35% stake.

In terms of the deal, which is expected to close by the end of November, New Opel will get EUR4.5 billion in state-backed financing while Magna and Sberbank will providing EUR500 million equity.

The government official also rejected suggestions that Opel is illiquid or will be illiquid soon, according to the press department.

German Deputy Economics Minister Peter Hintze told reporters on the sidelines of the extraordinary committee meeting that Magna's business plan for Opel is "very sustainable."

He also said he expects the European Commission's examination of the state aid given to Opel to have a positive conclusion. Hintze said he believes the commission will be convinced that the state-backed financing "fully complies with E.U. law."

Web sites: www.opel.de ; www.bundeswirtschaftsministerium.de

-By Andrea Thomas and Andreas Kissler, Dow Jones Newswires; +49-30-288-8410; andrea.thomas@dowjones.com