Auto parts supplier Magna International Inc. hopes to complete by September a deal to take a majority stake in car maker Opel, Magna's co-CEO said Wednesday.
Magna's Siegfried Wolf visited Adam Opel GmbH's headquarters days after hammering out an agreement with Opel parent General Motors Corp. and the German government to move forward with a rescue plan for the company.
"We should roll up our sleeves now and clear up the last open points," Wolf said after an employee meeting. "Then I think we can very quickly come to a conclusion."
Wolf said a contract could be signed in the next four or five weeks, but it is likely to be the …
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