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Posted AT 10:37 PM EST on 12/11/07

Magna-Chrysler deal not yet done

Globe and Mail Update

Magna International Inc. is in talks with Chrysler LLC to build an assembly plant in Russia that would produce subcompact and compact cars for the No. 3 Detroit auto maker. A final deal is far from being done, sources said, although Russian newspaper Kommersant reported Monday that a $500-million investment is in the works.

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