Russian investors in talks over Magna stake -report

Newswire

VIENNA, March 23 (Reuters) - Russian investors are in talks to buy a stake in Canadian car parts maker Magna International from founder and Chairman Frank Stronach, Austrian daily newspaper Oesterreich reported on Friday. "Currently there are talks on the highest level to take over a Magna stake from Frank Stronach," the newpaper quoted an unidentified "insider" as saying. The interested parties included Russian billionaire Oleg Deripaska, owner of Russian carmaker GAZ, whose interest ...

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