MOSCOW, September 11 (Itar-Tass) - Canada's Magna International and Russia's Sberbank /Savings Bank/ will invest 500 million euros in the registered capital of the German car manufacturer Opel, Sberbank said in a statement Thursday.
Opel's current owner, General Motors, found Magna and Sberbank's joint proposal for purchasing a 55% in Opel to be the most promising one from the angle of view of future development of the German company.
The proposal suggests that Magna and Sberbank will split the package fifty-fifty.
General Motors will retain a 35% stake and the remaining 10% shares will go over Opel's labor staff under the terms of a new labor contract.
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Ingatief is the grandson of the San Stefano imperialist and plans a soviet takeover of Canada for the minerals.
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