UDPATE 1-GM gets OK to buy South Africa's Delta Motors

Newswire

(Adds details throughout, changes dateline, previous Detroit) DETROIT/PRETORIA, Jan 28 (Reuters) - General Motors Corp. said it received approval from the South African government on Wednesday to buy the remaining 51 percent stake in Delta Motor Corp., which it hopes to expand and use to export vehicles. South Africa's Competition Tribunal gave the world's largest automaker the nod to takeover the Eastern Cape-based automotive manufacturer for an undisclosed sum, giving it a springboard ...

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