Complex sentence: Austria Wien was taken over by Austro-Canadian billionaire Frank Stronach's Magna auto-parts consortium in 1999, and due to further deals with the Memphis cigarette company was renamed FK Austria Memphis Magna.
Split into simpler sentences: Austria Wien was taken over by Austro-Canadian billionaire Frank Stronach's Magna auto-parts consortium in 1999. Following deals with the Memphis cigarette company the club was renamed FK Austria Memphis Magna.