tag:blogger.com,1999:blog-8711985.post4398396558899489946..comments2024-03-05T05:38:22.024-05:00Comments on Left at the Gate: Shug On The Distaff BC Trail AgainAlan Mannhttp://www.blogger.com/profile/12570505944559196118noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8711985.post-78059106364229895302008-10-09T10:33:00.000-04:002008-10-09T10:33:00.000-04:00A bump in the road for Frank Stronarch's Russian a...A bump in the road for Frank Stronarch's Russian auto parts venture.<BR/><BR/>http://tinyurl.com/4va2mx<BR/><BR/>Deripaska Gives Up 1.5 Bln Magna Stake<BR/><BR/>By Max Delany<BR/><BR/>Staff Writer<BR/><BR/>In the latest signal that no one is immune from the current financial crisis, billionaire Oleg Deripaska has handed over one of his biggest overseas investments — a one-fifth stake in Canadian auto parts maker Magna, worth $912 million — to creditors.<BR/><BR/>Deripaska, ranked Russia’s richest person by Forbes magazine, ceded his 20 million shares in Magna to an unidentified bank that financed the original deal, Magna said in a statement Friday.Anonymousnoreply@blogger.com