GM IPO to cut US stake, raise new capital -sources

Newswire

* IPO to make U.S. Treasury minority shareholder -sources * UAW healthcare trust also aims to sell shares in IPO * GM aims to show progress to potential investors By Soyoung Kim and Bernie Woodall DETROIT, June 28 (Reuters) - The planned initial public offering of General Motors Co [GM.UL] is likely to leave the U.S. government with a minority stake while also raising new funds for the automaker, people briefed on the still-developing plans said. The U.S. Treasury, which owns 60.8 ...

Premium Content (PAID Subscription Required)

"GM IPO to cut US stake, raise new capital -sources" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Jan 18, 2018
video
WardsAuto

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×