Anglo-Chinese consortium wants state's FSO stake

According to Puls Biznesu, the proposition would see the consortium take on both the state's stake as well as the shares owned by the Koreans. Initial plans also encompass a capital injection and production of a new model. The transaction is to be completed before the year ends. SAIC and MG Rover have also prepared a proposition for the creditor banks. "The offer assumes the purchase of liabilities or their repayment," says a source close to the deal. (Puls Biznesu, p. 11) A.K.