Nanjing set to renew Longbridge lease - St.Modwen

Newswire

LONDON, Feb 21 (Reuters) - Chinese carmaker Nanjing Automobile was expected to renew its lease on the former MG Rover plant at Longbridge in central England on Wednesday, property developer St. Modwen Properties Plc said Tuesday.

"I hope to be in a position sometime later this evening to confirm there is going to be an event at Longbrige tomorrow midday where a new agreement would be signed between the two parties," a St. Modwen spokesman said.

Nanjing had been in talks ...

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