Sept. 7 (Bloomberg) -- General Motors Co. is unlikely to sell Opel to Magna International Inc. because the U.S. carmaker doesnât want to hand over its intellectual property to Russia, the head of a pro-business group in Chancellor Angela Merkelâs party said. GM may dismiss pending bids for Opel and decide to keep a majority stake in its Germany-based division to retain a bigger presence in Europe and Russia, where GM has been building plants and adding capacity, said Kurt Lauk, head of the Christian Democratic Unionâs Economic Council and a former board member of DaimlerChrysler AG and Audi AG. âI just canât believe that GMâs new board will accept transferring important know-how to the Russians,â said Lauk, referring to Magnaâs investment partner OAO Sberbank, Russiaâs largest bank. It would be âcommercially wiseâ for GM to keep Opel on the basis of a ârestructuring plan,â he said today by telephone. GMâs 13-member board may take a decision on Opelâs future at a two-day meeting in Detroit starting tomorrow. Germany, which provided an emergency 1.5 billion-euro ($2.2 billion) loan to keep Opel solvent, backs Canadian car-parts maker Magna to buy the unit over a bid by Brussels-based investment firm RHJ International SA favored by GM. Lauk said that Germany endorsed Magna as its preferred bidder âway too soon.â http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aJaArdkD7lnM HAHAHAHAHAHAHAHAHA !