JOHANNESBURG, South Africa – General Motors Corp. is negotiating with Delta Motor Corp. here to bolster its 49% stake in the company to a majority holding. Willie van Wyk, Delta South Africa managing director, says the talks first began in September 2001 but were shelved as a result of uncertainty created by global events at the time. He says both parties now have signed a letter of intent confirming the re-start of negotiations. A Delta spokeswoman says GM is looking to ...
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