Independent journal on economy and transport policy
19:01 GMT+2
Daewoo battles for survival
(BBC News)
July 19, 1999
South Korean industrial giant Daewoo was meeting with creditors on Monday in an attempt to reschedule debts and avoid collapse.
The troubled cars to construction group has offered creditors $8.6bn in assets and the most dramatic restructuring in South Korean corporate history in return for the emergency rescheduling of short term debt.
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