UPDATE 1-Romania to seal deal with Daewoo Motor on Wed

Newswire

(Releads, writes through with economy ministry's statement) BUCHAREST, Aug 29 (Reuters) - Romania will sign a deal on Wednesday to buy back shares in local carmaker Daewoo Automobile from its South Korean joint venture partner which may open the way for a new sale, the economy ministry said on Tuesday. The Romanian government has been struggling for months to take over the 51 percent stake held by the bankrupt Daewoo Motor in order to find a new strategic partner for the plant. The ...

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