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View Full Version : GM May Sell GM Daewoo Stake to Korea Development Bank - Bloomberg



NewsWhore
05-01-2009, 08:00 AM
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GM May Sell GM Daewoo Stake to Korea Development Bank (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaJPwsw_xRYuc%26refer%3Dasia&cid=1344111285&ei=U9j6SYeHEMqfmAeEzIn-Bw&usg=AFQjCNF2YK5cx60C-5yWrSI6rqnILkijxg)
Bloomberg - Seonjin Cha (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Seonjin Cha%22&hl=en&ned=us&ie=ISO-8859-1)
KDB and seven other banks on April 29 agreed to reschedule about $450 million worth of GM Daewoo&#39;s forward currency hedging contracts, easing concerns about the company&#39;s cash position. GM Daewoo last month said its cash flow may turn “critical” in the ...


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