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Old 05-10-2007, 07:48 AM  
VanessaGT
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Join Date: Apr 2007
Location: Toronto, Ontario
Posts: 102
Russian Billionaire Buys Stake in Magna Intl.

Canadian conglomerate Magna International, who are suppliers of products and services to many of the worlds automakers, have just announced that Russian Billionaire, Oleg Deripaska, has put up a $1.54 billion dollar stake into the company.

Magna has engineered designs for such vehicles as:

-Porsche 911 soft top
-BMW 3-Series
-Mercedes A-Class

http://www.thestar.com/Business/article/212480

Magna Intl.
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