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Japan's Aozora to invest $500 mln in GMAC

TOKYO, Nov 30 (Reuters) - Japan's Aozora Bank said on Thursday it will invest $500 million in GMAC (General Motors Acceptance Corp.), the finance unit of General Motors Corp. .

Aozora is part of a consortium led by Cerberus Capital Management LP [CBS.UL] which is set to buy a 51 percent stake in GMAC for $14 billion.