Vienna - Russian billionaire Oleg Deripaska has given up his shares in the Canadian car assembly firm Magna International Inc. after a creditor took over his 18-per-cent stake, the company announced Friday.
In September 2007, Deripaska's firm OJSC Russian Machines acquired 20 million shares for 1.54 million dollars (1.11 million euros) from Magna, which has its European headquarters near Vienna.
Vienna - Russian billionaire Oleg Deripaska has given up his shares in the Canadian car assembly firm Magna International Inc. after a creditor took over his 18-per-cent stake, the company announced Friday.
