Suzuki says to take capital stake in new Daewoo


TOKYO, June 25 (Reuters) - Japanese minivehicle maker Suzuki Motor Corp said on Tuesday it has agreed to take a capital stake in a new firm that will take over the assets of South Korea's failed Daewoo Motor Co. Suzuki said in a news release that a basic agreement was reached with General Motors Corp , but that the Japanese firm will continue to examine its operational cooperation. Altogether, the investment by GM and its partners is expected to total $400 million. Local media reports ...

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