[lbo-talk] Bearzilla Buys Wheels

dredmond at efn.org dredmond at efn.org
Sat May 30 15:25:07 PDT 2009


Sberbank is Russia's biggest bank, and state-owned:

--------------- http://www.thestar.com/business/article/642883 "Magna signs framework for Opel" ...Under the deal, Magna will take a 20 per cent stake in Opel and Sberbank will take a 35 per cent stake, giving their consortium a majority. GM will retain a 35 per cent holding, while the remaining 10 per cent will go to Opel employees... ---------------

-- DRR



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