Tengzhong may finalise Hummer deal next week-source


SHANGHAI, Aug 28 (Reuters) - China's Tengzhong may finalise a deal with General Motors [GM.UL] as early as next week to acquire the U.S. automaker's Hummer brand, a source familiar with the deal said on Friday. The deal would mark the first major Chinese acquisition of a distressed U.S. auto asset amid a sharper than expected industry downturn. Chinese regulators will decide whether or not to approve the plans after the deal is finalised, the source said. Sichuan Tengzhong Heavy ...

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