AP reports that Saudi billionaire Prince Alwaleed bin Talal has invested $500 million in General Motors (GM). The acquisition, notes the paper, was based on GM’s brand strength and growth prospects in China and Brazil.
Related Articles
Winners and Losers in the GM Bankruptcy
June 9, 2009
Tom Lindmark
UAW Looks Towards Clawbacks
May 28, 2010
Tom Lindmark
Pulling The TARP Off GM
December 28, 2012
Larry M. Elkin
Be the first to comment
This site uses Akismet to reduce spam. Learn how your comment data is processed.
Leave a Reply