MG Rover says stake not part of Shanghai Auto talks


LONDON, Aug 23 (Reuters) - MG Rover's talks with Shanghai Automotive Industry Corp. (SAIC) over a cooperative agreement do not include the Chinese carmaker buying or taking a stake in the British automaker, a vice president of MG Rover said on Monday. "We can not comment on any of the details in the arrangement but I can confirm that we have not discussed them acquiring us or taking a major equity stake in us," MG Rover Group Vice President Peter Beale told Reuters. His comments came ...

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