| From Tradearabia.com: Kuwait Investment Authority (KIA) will not take part in General Motors' initial public offering (IPO), a source said. The auto giant had raised $20.1 billion from the issue last week.
Earlier this month, KIA's managing director Bader Al Saad said the fund was considering taking in GM's IPO if it is feasible, but a person familiar with the matter at KIA said they had decided not to invest due to the increase in the share price..............................................Full Article: Source
|