Australian analysts are debating the future of GM Holden Ltd. when the slimmed-down parent General Motors Corp. restructures, a process widely expected to begin in earnest with a Chapter 11 bankruptcy filing June 1. The Melbourne Age newspaper quotes a GM Holden spokesman as saying the subsidiary will not be sold because GM regards its Australian operation as a viable, valuable and important part of its global picture. But Australia and New Zealand Banking Group Ltd. (ANZ Bank) senior ...

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