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RegulatoryPol-Mot to take 75% of Daewoo Motor PolskaPol-Mot to take 75% of Daewoo Motor Polska
Pol-Mot Holding SA will take control of 75% of Daewoo Motor Polska Sp zoo, according to a tentative deal signed June 1. The takeover agreement hinges on the restructuring of debts with Polish banks and a Polish government guarantee on $100 million in investment credits. Pol-Mot won't say what it will pay for the stake, but it does indicate it plans to increase the share capital of Daewoo Motor Polska
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