General Motors Co. is expected to dole out 492.1 billion won ($417.5 million) to acquire all 162,689,343 new shares in GM Daewoo Auto and Technology Co., after three other partners in the Korean auto maker declined to participate in the rights offering. Passing on the equity offering were the Korea Development Bank, Shanghai Automotive Industry Corp. and Suzuki Motor Corp, partners with GM in GMDAT. The new stock issue raises the total number of GMDAT common shares outstanding to ...
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