Tengzhong says to extend deadline of GM's Hummer deal

Newswire

BEIJING, Feb 1 (Reuters) - Sichuan Tengzhong Heavy Industrial Machinery Co said on Monday it had agreed with General Motors [GM.UL] to push back the deadline for the Hummer purchase to the end of February. The definitive agreement for the sale of Hummer to Tengzhong, a little-known machinery maker in southwestern China, expired on Jan. 31, according to a contract signed in October 2009. Tengzhong is still waiting for a green light from Beijing to close the deal, it said in an e-mailed ...

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