GM gets nod to buy South Africa's Delta Motors


DETROIT, Jan 28 (Reuters) - General Motors Corp. said it received approval from the South African government on Wednesday to buy the remaining 51 percent stake in Delta Motor Corp., which it hopes to expand and use to export cars. GM, the world's largest automaker, did not disclose terms of the acquisition, but said South Africa's Delta has been profitable since it was formed after GM left South Africa in 1986 during the apartheid regime. "We're looking to grow our business in South ...

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