Monday, 1 June 2009

Canadian company Magna buys stake in Opel

Canadian company Magna is buying a bit of GM...

"Under the deal, Magna will take a 20 per cent stake in Opel and Russian-owned Sberbank will take a 35 per cent stake, giving their consortium a majority. GM will retain 35 per cent, and the remaining 10 per cent will go to Opel employees."

Article here.

No comments: