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Brit van brand LDV under offer

Date: 28 June 2006

Van maker LDV could be looking at its third owner inside a year, with the British company's American owner Sun Capital confirmed it is in talks with Russia's second-largest automotive company Gaz Group.

The brief statement warned that there "can be no certainty that these discussions will lead to an agreement." Gaz is the world's seventh-largest LCV manufacturer.

Venture capital company Sun Capital Partners bought LDV out of administration at the end of last year.



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