GM hopes to clinch Daewoo India deal in 1-3 months

Newswire

NEW DELHI, May 19 (Reuters) - General Motors Corp , the world's largest auto maker, said on Wednesday it was continuing due diligence to buy Daewoo India's shut car plant and hopes to clinch a deal in the next one to three months. "May be a month might to be too optimistic but I will be disappointed if it is more than three months," D. Nick Reilly, Chief Executive Officer, GM Daewoo Auto & Technology Co., told reporters.

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