Monday 22 October 2018

GM to sell Opel stake to Magna

General Motors has agreed to sell a 55 per cent stake in Opel to a group led by Canada's Magna after months of fraught negotiations that had weighed on the European unit and its 50,000 workers. The decision, after a two-day meeting of


Germany in deal with Magna, GM to save Opel

Germany reached a landmark deal with Canadian auto parts group Magna, General Motors and governments to save carmaker Opel from the imminent bankruptcy of its US parent, German leaders said on Saturday. Finance minister Peer Steinbrueck to


Magna re-launches after makeover

Magna, the media buying, planning and consulting arm of Middle East Communications Network (MCN), was re-launched with an all-new look and brand identity. The new logo, new brand campaign, new offices and new clients, herald the next stage

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