(Reuters) - BUCHAREST, July 5 - Ford Motor Co has submitted the sole bid in a tendering for a majority stake in Romanian car-maker Daewoo Automobile Craiova, state privatisation agency AVAS said on Thursday. "AVAS received ... only one offer, from Ford Motor Co," the agency said in a statement.
Romania wants to sell a 72.4 percent stake in Daewoo Automobile Craiova. Earlier this year, Romania said it had received letters of intent from General Motors Corp. and Russian Machines, as well as Ford.
Read more at Reuters.com Mergers News
Romania wants to sell a 72.4 percent stake in Daewoo Automobile Craiova. Earlier this year, Romania said it had received letters of intent from General Motors Corp. and Russian Machines, as well as Ford.
Read more at Reuters.com Mergers News
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