Asia: bottling up demand
Article Abstract:
Overseas companies are taking the opportunity to invest in Asian companies as the Asian financial crisis has led to relaxing of regulations and to increased willingness to divest amongst local partners. An example of this process has been Coca-Cola's ability to increase its shareholdings in its South Korean bottling plant to 100% and in its Thai bottler to 49%. Other major companies keen to invest in Asia include General Motors, Daimler-Benz and General Electric, which has already acquired Thai car finance company GS Capital and a 49% share in the Asian Finance Public Company.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1998
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Daewoo makes 3rd Polish investment
Article Abstract:
Daewoo of Korea is to purchase 60% of shares in Fabryka Samochodow Osobowych (FSO) of Poland, a car manufacturer. It is expected that FSO's current employment will be maintained, and the total investment is expected to be $1.1 billion over five years. Also Nestle of Switzerland and Bank Handlowy of Poland, the state owned bank, purchased shares in Winiary Food concentrates of Kalisz. The privatisation of Stomil Olsztyn of Poland, a truck and tractor tyre maker was not totally successful due to the increase in the issue price.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1995
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The 'deal of the century' in Poland
Article Abstract:
A lengthy programme by the Polish government to restructure the country's car industry led to the privatisation of the Warsaw Car Factory (FSO) in Nov 1995. A majority shareholding in the company was purchased by Daewoo Motor and Daewoo Heavy Industries, which have agreed to invest a further $1.12 billion over a six year period. This deal was among the most rapidly negotiated privatisation transactions ever undertaken in Poland, and may prove to have a significant impact on the Polish car industry.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1996
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