FACTBOX-Key elements of Magna-led takeover of Opel

Newswire

May 30 (Reuters) - Germany has clinched a deal with Canadian auto parts group Magna , General Motors and the U.S. government to save carmaker Opel from the imminent bankruptcy of its U.S. parent. For full story, click on [ID:nLU272618] Below are the key developments in the deal. CORNERSTONES OF DEAL 1. Magna will take over parts of the new European Opel activities from parent General Motors. This is, however, so far only included in a letter of intent and legally not yet binding. ...

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