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GM Generali

23.39
-0.09 (-0.38%)
16 Jul 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Generali AQEU:GM Aquis Europe Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.09 -0.38% 23.39 23.40 23.41 23.435 23.07 23.31 202,898 16:50:17

GM Europe To Set Up Tool For Payment Of Saab Suppliers

20/02/2009 1:38pm

Dow Jones News


Generali (AQEU:GM)
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General Motors Europe said Friday it will set up a mechanism for the timely payments of suppliers' claims toward Saab Automobile AB (SAAB-B.SK).

GM is committed to maintaining a viable global supplier base during Saab's reorganization, GM Europe said in a press statement.

This gesture will encourage suppliers to support Saab's reorganization as a fully independent business, it said.

"During the reorganization, Saab Automobile AB will continue to operate as usual," the statement added.

-By Frankfurt Bureau, Dow Jones Newswires; +49 69 29 725 500; djnews.frankfurt@dowjones.com

 
 

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