UPDATE 1-Overallotment makes GM IPO world's biggest


* 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 ...

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