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allnumbers

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allnumbers

Re: None

Sunday, 11/14/2010 9:10:28 AM

Sunday, November 14, 2010 9:10:28 AM

Post# of 35337
General Motors may soon be partially owned by...
China’s largest auto maker.

According to The Wall Street Journal, SAIC Motor is close to finalizing a plan to buy a stake in GM when the U.S. auto maker is expected to go public on Wednesday. Sovereign wealth funds in the Middle East and Asia are also on track to buy more than $1 billion of GM shares, the paper reported.



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