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.
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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).
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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.
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