IN BRIEF (Page 10)
China Daily | Updated: 2009-11-28 07:27
BAIC eyes Saab
Beijing Automotive Industry Holding Co, Merbanco Inc and Renco Group Inc have made approaches about General Motors Co's Saab unit after a sale to Koenigsegg Group collapsed, Bloomberg reported, citing unnamed sources. No written proposals have been submitted and any new bids or other options for the Swedish unit would be reviewed by GM at a meeting on Dec 1, the report said.
Realty prices soar
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