UPDATE 1-KDB may raise GM Daewoo stake - officials

Newswire

* KDB considers raising stake in GM Daewoo, officials say * S.Korea asked to set up discussion channel on GM Daewoo (Adds govt official, background) SEOUL, April 30 (Reuters) - Korea Development Bank (KDB) is considering raising its stake in GM Daewoo, the South Korean unit of cash-strapped General Motors Corp , officials at the state-run bank said on Thursday. The U.S. government asked South Korea to set up a discussion channel on GM Daewoo's financial difficulties earlier this month, ...

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