Friday, July 6, 2007

Romania plans to finalise Daewoo sale by Sept. 1

(Reuters) - The committee, which did not open Ford's financial bid, said
all required documents have been submitted and that negotiations
for an improved offer will begin on Monday.




Romania wants to sell a 72.4 percent stake in Daewoo
Automobile Craiova. Earlier this year, Romania said it had
received letters of intent from General Motors Corp. and
Russian Machines, as well as Ford.


Read more at Reuters.com Mergers News

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