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NEGOTIATIONS RUNNING BETWEEN HYUNDAY MOTOR AND DAIMLERCHRYSLER
SEOUL, Negotiations between the two giants Hyundai Motor and DaimlerChrysler are running quickly to conclusion. The two companies will form a consortium to join the bid to buy Daewoo. Hyundai Motor's President declared that, in case of victory, its company will limit its stake to 20% to avoid accuse of monopoly in the domestic market.
AVIONEWS - World Aeronautical Press Agency