SEOUL – Sources close to the General Motors Corp.-Daewoo Motor Co. Ltd. negotiations say a deal is imminent and confirm remarks by a Korea Development Bank (KDB) official as accurate. GM, in a release here, says, “It is true that the deal with Daewoo Motor is almost complete and that most major issues have been resolved. However, we are still in negotiations, all matters have not been resolved and, therefore, it would be premature for GM to make any statements.” KDB is the lead creditor ...
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