General Motors said by way of a regulatory filing that Capital Research Global Investors — one of the world’s largest investment management firms — has acquired over 5% of its shares.
In a filing with the Securities and Exchange Commission, GM said the Los Angeles-based firm now owns more than 92m shares, or 5.8% of the company. Corporations are required to alert the SEC whenever one individual or organisation’s ownership exceeds 5%, a Detroit News report said.
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Capital Research Global Investors is part of the Capital Group Companies, a leading mutual fund manager.
GM had no comment to the Motown paper on the news.
The automaker announces its 2011 financial results on Thursday (16 February).
