May 20, 2024
Opel

Opel’s bid for state aid rejected

Pending a situation of uncertainty and a delay of a session destined to reach a decision, Opel finally got an answer from the German government and it will be not receiving any state aid. Yesterday, GM’s request for aid from the federal government in order to keep its Opel unit going clashed with representatives and

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General Motors

U.S. Treasury hires lead bank for General Motors IPO

As announced yesterday, GM will soon have a bank’s support in their attempt at getting the public listing they have been seeking for quite some time. The announcement of a choice being made came even sooner then expected as today the U.S. Treasury made public the name of the bank chosen for the task at

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