FACTBOX: Magna's plans for Opel

(Reuters) - In the race to acquire General Motors Corp's European carmaker Opel, Canadian-Austrian group Magna International Inc took the lead on Friday, with sources saying it had reached a preliminary deal.

Below are comments made by Magna co-Chief Executive Siegfried Wolf to reporters in Berlin last week about his plans for Opel:

WHO WOULD OWN OPEL?

GM would still hold 35 percent of Opel. Russian state-controlled bank Sberbank would own another 35 percent while Magna has 20 percent. The remaining 10 percent would be in the hands of Opel's 50,000 European employees.

"Our interest is for the long run. There are no deals of any kind whatsoever to sell the shares (to other investors or Opel owners)."

WHAT DOES THE MAGNA CONSORTIUM AIM FOR?

It plans to inject 500-700 million euros into Opel, to be split proportionately between the two financial participants. None of the funds would be paid to GM.

The consortium also plans to ask the German government to guarantee credit lines to the tune of 4-5 billion euros.

WHEN SHOULD IT BE HEALTHY?