19.11.2010 - SWFs bow out, as GM shares mostly sold in North America
From Arabianbusiness.com: If General Motors Co shares rise when they begin trading on Thursday, it will be investors in North America who stand to benefit the most, two sources familiar with the situation said. GM's initial public offering was upsized primarily on demand from big North American mutual and pension fund investors, the sources said. North American investors will account for more than 90 percent of the IPO, one source said..............................................Full Article: Source
Print