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If the deal is concluded, Magna will own 55% of Opel, with GM keeping 35% and Opel employees taking 10%. The two sides have a 500-page document spelling out who gets what technology and pays what royalties. It also dictates who can compete where, says a source close to the deal. GM will collect royalties if Opel uses its technology. But in the future, Opel can charge GM if its engineers create something GM uses.
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http://www.businessweek.com/bwdaily/...910_941273.htm
Opel is another of the GM brands on the verge of a turnaround. Cars have been getting very solid reviews in recent years (Astra/Insignia) and the plan is to push them back to being slightly upscale while Chev will take care of the entry level models with mostly SE Asian manufactured cars.
If Magna can keep things going where they are headed and has pockets deep enough to ride things out, this could work very well to help hold on to some of the auto sector in Ontario.