Britain offers sweetener for Rover China deal-report

Newswire

SHANGHAI, Jan 26 (Reuters) - Britain has offered China's Shanghai Auto a 100 million pound ($186.5 million) "sweetener" to seal a proposed car-making venture with MG Rover, London-based newspaper The Times reported on Wednesday. The incentive was offered for the signing of an agreement between Rover and Shanghai Automotive Industry Corp., China's top car maker, to ensure a deal does not collapse ahead of a British general election expected to be held in May, the newspaper said. The ...

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