RPT-Canada says may participate in GM's IPO

Newswire

OTTAWA, Aug 18 (Reuters) - Canada's government may participate in General Motors' planned share offering with the aim of reducing its stake in the company, Finance Minister Jim Flaherty said on Wednesday. "Canada may participate in an initial public offering by General Motors, but any decision we take is with the goal of maximizing the return for taxpayers while reducing our ownership in the company as quickly as is appropriate," Flaherty said. (Reporting by Louise Egan; editing by Rob Wilson)

Premium Content (PAID Subscription Required)

"RPT-Canada says may participate in GM's IPO" 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
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×