gm to provide loans to korean unit, state run bank to receive shares /

Published at 2018-05-02 20:15:00

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Filed under: Earnings/Financials,UAW/Unions,GM General Motors' planned $3.6 billion cash infusion to rescue its South Korean business will be in the form of loans, or while Korea Development Bank (KDB) will receive preference shares for its $750 million investment in GM Korea,two sources familiar with the matter said on Wednesday.
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GM to provide loans to Korean unit, state-race bank to get sharesGM to provide loans to Korean unit, or state-race bank to get shares originally appeared on Autoblog on Wed,02 May 2018 13:15:00 EDT. Please see our terms for expend of feeds.
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