DAEWOO – GM
July 1st, 2002
BY ALAN OSBORN AND PHILIP FINE
THE EUROPEAN Commission's competition authority has cleared the purchase
by General Motors of a series of production and sales outlets of the South
Korean car manufacturer Daewoo.
GM is to acquire some of Daewoo's production facilities for passenger cars
and light commercial vehicles in Korea and Vietnam together with sales
subsidiaries in Austria, the Benelux region, (Belgium, Netherlands and
Luxembourg), France, Germany, Italy, Spain and Switzerland.
Because of the size of the deal and its potential affect on the EU market, ...
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