UPDATE 1-Magna founder says wants to help Opel - newspaper

Newswire

* Magna no white knight, only interested in helping Opel * Russia could play role in helping Opel * Magna has $1.5 billion in cash reserves (Adds detail, background) FRANKFURT, April 29 (Reuters) - Austrian-Canadian car parts maker Magna wants to help Opel but it is too early to say what role it will play, Magna founder Frank Stronach said in a newspaper interview on Wednesday. "We don't see ourselves as a white knight. We only want to help," Stronach told Austria's Kleine Zeitung in ...

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