UPDATE 1-Overallotment makes GM IPO world's biggest

Newswire

* Underwriters exercise full over allotment options * Catapults GM IPO ahead of China's AgBank NEW YORK, Nov 26 (Reuters) - General Motors Co's underwriters exercised their full overallotment option, making the initial public offering of the U.S. automaker the biggest in the world, at $23.1 billion. The underwriters, led by Morgan Stanley , JPMorgan Chase & Co , Bank of America Merrill Lynch and Citigroup Inc , exercised their option on an additional 71.7 million shares worth $2.37 ...

Premium Content (PAID Subscription Required)

"UPDATE 1-Overallotment makes GM IPO world's biggest" 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) ×