What company bought out Daewoo?
Following the severe financial distress and ultimate restructuring of the South Korean Daewoo Group, various divisions of Daewoo were acquired by different global titans. Specifically, Daewoo Heavy Industries & Machinery was acquired by Doosan (becoming Doosan Infracore), Daewoo Motors assets were predominantly bought by General Motors to form GM Daewoo, and major shipbuilding entities like DSME faced acquisition bids by Hyundai Heavy Industries.
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