Summary
MG Rover's new Chinese owner insisted last night its deal to buy the Longbridge carmaker was still on track amid rumours it had collapsed when it failed to raise a deposit.
Speculation mounted in the City yesterday that Nanjing Automobile was on the brink of pulling the plug on its pounds 50 million agreement.See the full content of this document
Extract
Nanjing Denies Collapse of Its Rover Deal
A source said: 'The city has been awash with rumours that Nanjing cannot afford to buy Rover.
'They have been around the finance houses trying to raise money for ...See the full content of this document
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