Prince Alwaleed Buys 1 Percent Stake in GM

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.

Jasper - The Real Deal!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.