A person briefed on the negotiations between General Motors Corp., the German government and Canadian auto parts maker Magna International Inc. says they have agreed on the framework of a deal for Magna to take a majority stake in GM's Opel unit.
Magna, Sberbank team up in Opel bid
Canadian auto parts maker Magna International Inc. says it is joining forces with Russia's biggest lender, Sberbank, in a bid to take a majority stake in General Motors Corp.'s Opel unit.
GM says Magna, Sberbank to acquire Opel
General Motors Co. said a consortium of Canada's Magna International Inc. and Russian lender Sberbank would acquire a majority stake in its European subsidiary Opel.
GM says Magna, Sberbank to acquire Opel
General Motors Co. said Thursday that a consortium of Canada's Magna International Inc. and Russian lender Sberbank would acquire a majority stake in its European subsidiary Opel.
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