MUMBAI – At the insistence of financial lending institutions here, a court receiver has been appointed to take over the assets of Daewoo Motors India Ltd. Daewoo is appealing the order, but the creditors say they are looking to protect their $185 million investment until a strategic partner can be found. Daewoo Matiz Daewoo was left out of a deal agreed upon in April in which General Motors Corp. will take over selected assets of South Korea’s insolvent Daewoo Motor Co. Ltd. ...
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