[lbo-talk] General Motors in equity tie-up with Malaysia ally

uvj at vsnl.com uvj at vsnl.com
Sat Sep 30 09:22:40 PDT 2006


Reuters.com

General Motors in equity tie-up with Malaysia ally http://today.reuters.com/news/articleinvesting.aspx?view=CN&storyID=2006-09-18T093817Z_01_WNA8130_RTRIDST_0_AUTOS-MALAYSIA-GM-URGENT.XML&rpc=66&type=qcna

Mon Sep 18, 2006

KUALA LUMPUR, Sept 18 (Reuters) - General Motors (GM.N: Quote, Profile, Research), the world's biggest car-maker, plans to form an equity alliance with its Malaysian partner, DRB-Hicom (DRBM.KL: Quote, Profile, Research), to boost distribution of its Chevrolet brand in the country, DRB-Hicom said on Monday.

GM would hold 51 percent of the DRB-Hicom subsidiary that sells Chevrolet cars in Malaysia, with DRB-Hicom holding the rest, the Malaysian firm said.

© Reuters 2006. All Rights Reserved.



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