S.Africa okays GM takeover Delta Motor Corp

Newswire

JOHANNESBURG, Jan 28 (Reuters) - South Africa's government on Wednesday approved U.S. auto gaint General Motors' (GM) acquisition of the remaining 51 percent of Delta Motor Corporation for an undisclosed amount, the company said. "We've acquired a company that is well positioned in an important growth market for GM," Maureen Kempston Darkes, GM group vice president and president of the company's Latin America, Africa, Middle East region said. "With its sound economic and political ...

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