GM will buy remainder of Saab from Investor AB

Article Abstract:

General Motors Corp. will buy the remaining 50% of Saab Automobile AB from Investor AB. The sale will allow GM to expand on Saab's model lineup, targeting a sales of 300,000 to 400,000 units over the next five years.

Sweden, Automobiles, Automobile Manufacturing, Automobile industry, Investor AB, Saab Automobile AB

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3i, Vantec Managers join forces to buy stake from Nissan

Article Abstract:

Nissan Motor Co. is selling its controlling share in Vantec Corp. to 3i PLC and to the unit's managers. The 67% share will be sold for approximately $128 million (134.4 million euros).

United Kingdom, Japan, Investment Offices, Nissan Motor Company Ltd., 3i Group PLC, Vantec Corp.

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GM might soon buy assets

Article Abstract:

General Motors Corp. is preparing to pay $400 million in cash for many of the assets of Daewoo Motor Co. Daewoo's creditors would pay $200 million for a one-third stake. General Motors apparently will not buy Daewoo's largest plant, but could buy output from that plant to market in Asia, Europe and the US.

South Korea, GM, GM Daewoo Auto and Technology Company Ltd.

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