US: GM selling $1bn of Ally Financial stock
General Motors Company said it is selling all of its shares of Series A fixed rate perpetual preferred stock in Ally Financial [nee GMAC] in a registered public offering for US$1bin.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable