Magna improved Opel offer to seal deal: source
Canadian auto parts group Magna and its Russian partner Sberbank improved their offer for carmaker Opel at the last minute to seal a deal with General Motors, a source close to the negotiations told Reuters.
The source said a GM board meeting next week could formalize the decision on the winning Opel bidder.
Magna was battling Belgium-based investor RHJ International for control of the venerable German-based carmaker.
(Reporting by Gernot Heller; Writing by Noah Barkin)
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