Suzuki to take 14.9 pct take in new Daewoo Motor


TOKYO, June 27 (Reuters) - Japanese minivehicle maker Suzuki Motor Corp said on Thursday it would take a 14.9 percent stake in a new firm that will take over the assets of South Korean carmaker Daewoo Motor. Suzuki said it would pay up to $89 million for the holding. Suzuki, 20 percent owned by General Motors Corp , said this week that basic agreement had been reached with GM to invest in a new firm that would take over the assets of the failed South Korean automaker. In April, GM ...

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