| From Reuters: Bankers kicked off the first meetings with the likes of Singapore-based GIC and Temasek Holdings and investment authorities in Kuwait, Qatar and Dubai in October after the U.S. Treasury signaled it had no objections, according to those involved in the process.
U.S. officials led by Ron Bloom, a former Lazard Freres banker, had been worried about the potential political backlash if a large share of GM stock was placed with foreign governments at the kind of discount -- between 10 percent and 20 percent -- that is typical for IPOs..............................................Full Article: Source
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