VIENNA – Ford Motor Co. officially now is the majority owner in Automobile Craiova S.A., after finalizing the takeover of the former Daewoo Automobile Romania S.A. plant, in Craiova, Romania, on Friday. Prior to the sale to Ford, the Romanian government bought back Daewoo Motor Co. Ltd.’s stake in the plant from the Korea Asset Management Corp., the arm that oversees creditor claims as part of Daewoo’s bankruptcy. That made Automobile Craiova holder of 49% of the Daewoo Automobile Romania ...
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