South Korean government may step in to save GM Korea from bankruptcy
Wednesday, April 18, 2018
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GM Korea has been thrown a lifeline, with the Korea Development Bank (KDB) indicating it will help to fund the company’s restructuring and investment. Lee Dong-gull, CEO of the state-owned KDB, has told Reuters it could inject 500 billion won ($609 million) into GM Korea. He said an agreement could be reached as early as […]
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