According to media reports, Ally Financial, the former finance arm of General Motors (GMAC) but now an auto and mortgage lender majority owned by the US government, is delaying its planned US$5bn-6bn IPO, first announced at the end of March 2011, due to unfavourable market conditions. The company had been Subscribe to Automotive World to … Continued
According to media reports, Ally Financial, the former finance arm of General Motors (GMAC) but now an auto and mortgage lender majority owned by the US government, is delaying its planned US$5bn-6bn IPO, first announced at the end of March 2011, due to unfavourable market conditions. The company had been
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https://www.automotiveworld.com/articles/87543-us-ally-financial-set-to-delay-ipo/
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