UPDATE 3-Russian investor denies talks over Magna stake

Newswire

(Releads, adds Magna no-comment) VIENNA, March 23 (Reuters) - The holding company of Russian billionaire Oleg Deripaska denied on Friday a report it was in talks to buy a stake in Canadian car-parts maker Magna International from founder Frank Stronach. Austrian daily Oesterreich had reported Deripaska, owner of Russian carmaker GAZ , was among Russian investors eyeing the stake, and that his talks were the "most concrete," citing unidentified "insiders". But Basic Element, the holding ...

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