Magna could sign Opel deal early next week -sources

FRANKFURT Oct 5 (Reuters) - Magna MGa.TO and its Russian partner Sberbank (SBER.RTS) plan to sign a deal to acquire a 55 percent stake in German carmaker Opel next Monday or Tuesday, several sources familiar with the matter told Reuters.

By then, the Canadian auto parts supplier needs to clinch a deal with Opel's influential labour leaders over annual savings of 265 million euros ($387.4 million).

Unions are negotiating with Magna and Opel minority owner General Motors [GM.UL] over a restructuring plan that would lead to thousands of job cuts across Europe.

(Reporting by Angelika Gruber)