Home>Topics>>GM paid $119 million for 1 percent stake in China joint venture: filing
GM paid $119 million for 1 percent stake in China joint venture: filing
Reuters: Business News
Fri, 15 Feb 2013
(Reuters) - General Motors Co paid $119 million in September to buy back a 1 percent stake in its joint venture with its top Chinese partner SAIC Motor Corp , which it had given up ahead of its 2009 bankruptcy.
Independent. Insightful. Trusted. Morningstar provides stock market analysis; equity, mutual fund, and ETF research, ratings, and picks; portfolio tools; and option, hedge fund, IRA, 401k, and 529 plan research. Our reliable data and analysis can help both experienced enthusiasts and newcomers.