Independent journal on economy and transport policy
23:51 GMT+2
Global giants gang up in bids for Daewoo Motor
(South China Morning Post)
June 27, 2000
AGENCIES in Seoul
Global car giants forged strategic alliances yesterday to acquire failed Daewoo Motor in a three-way battle for what was South Korea's second-largest car-maker.
DaimlerChrysler and Hyundai Motor jointly bid for Daewoo. General Motors (GM) and Fiat also made a joint bid while Ford Motor has put in its own offer.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher