Tuesday, October 4, 2016

REPORT: GM ups its ante in GM Daewoo

GM Daewoo has four shareholders: GM, Korea Development Bank, Suzuki Motor Corporation, and Shanghai Automotive Industry Corporation. When GM Daewoo put out a rights issue, only one of the four took the bite: GM, which made it rain to the tune of $412 million and raised its stake from 50.9%...

Read full post here:
http://skpsoft.com/view/car+news/report-gm-ups-its-ante-in-gm-daewoo/

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