Romania hopes to seal deal with Daewoo on Wed

Newswire

BUCHAREST, Aug 29 (Reuters) - Romania hopes to seal a deal on Wednesday to buy back shares in carmaker Daewoo Automobile from its joint venture partner South Korea's Daewoo Motor, which could open doors for a new sale, an official said on Tuesday. The Romanian government has been struggling for months to take over the 51 percent stake held by the bankrupt Daewoo Motor in order to find a new strategic partner for the plant. Economy Minister Codrut Seres said he expected to meet Daewoo ...

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