Russian investment in Magna
CANADA: Magna’s Russian Machines stake sale approved
Magna International has won the necessary approvals to sell a 20% stake to Russian billionaire Oleg Deripaska's Russian Machines for…
CANADA: Stake sale seen boosting Magna’s growth
The sale of a 20% stake in Canada-based parts maker and vehicle assembler Magna International to Russian billionaire Oleg Deripaska’s…
CANADA: Magna posts record Q1 sales
Magna International, already in the news today after saying it was receiving a $US1.54bn investment from Russia and that it…
RUSSIA: AvtoVAZ and Magna talk new car plant
AvtoVaz and Canadian car parts giant Magna are in talks to build a EUR1.5bn car factory in Russia, a Russian…