GM Daewoo Auto & Technology Co. is offering new stock shares to all current stakeholders to help finance its South Korean design, engineering and production operations. The auto maker has been designated as General Motors Co.’s center for global small cars. A spokesman tells Ward’s the subsidiary is making available 162 million common shares at an offering price of 3,019 won ($2.45) per share. “If shareholders purchase 100% of the newly offered shares, then approximately 491 ...
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