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BLMC gets Spanish approval for Authi sale
23 December 1974
General Franco's government this weekend approved the sale of British Leyland's Spanish subsidiary, Authi, to General Motors. A high official of the Ministry of Industry reportedly said on Saturday night: "There was agreement at the cabinet meeting on Friday about the conditions in which General Motors may take over Authi ".
The official, Senor Emilio Mirande, director general of steel and shipbuilding, was quoted today by the staid and respectable non-archist daily ABC.
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