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U.S. plans to exit GM stake by year-end, may lose $10 billion
2013-11-22 18:24:04| Automakers - Topix.net
The U.S. government said on Thursday it expected to sell its remaining shares of General Motors Co by the end of the year, a plan that may leave taxpayers saddled with a total shortfall of about $10 billion on the automaker's 2009 bailout.
U.S. plans to exit GM stake by year-end, may lose $10 billion
2013-11-22 07:38:55| Auto Dealers - Topix.net
The U.S. government said on Thursday it expected to sell its remaining shares of General Motors Co by the end of the year, a plan that may leave taxpayers saddled with a total shortfall of about $10 billion on the automaker's 2009 bailout.
Frutarom secures majority stake in Russian ingredients firm
2013-11-20 01:00:00| Food Processing Technology
Frutarom has signed an agreement to take over a controlling stake of 75% in Russia's Protein Technologies Ingredients (PTI) in a $50.3m all-cash deal.
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GlaxoSmithKline to divest $740 million stake in South Africa's Aspen
2013-11-19 22:22:10| Biotech - Topix.net
GlaxoSmithKline said on Tuesday it planned to reduce its investment in South African drugmaker Aspen Pharmacare by one third, although it would retain a board seat and a significant shareholding.
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Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM
2013-11-19 17:30:13| Green Car Congress
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