The long-awaited Daewoo Motor Co. Ltd. acquisition move by General Motors Corp. and Italian alliance partner Fiat SpA appears to be underway after numerous fits and starts. Rudolph Schlais Jr., president of GM Asia/Pacific, and Alan Perriton, executive in charge of GM acquisitions for the region, were to arrive in Seoul Monday (May 28), and make an offer to Daewoo's creditor banks this week. Sources close to the deal tell Ward's that the outdated and inefficient Pupyong plant will be ...
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