We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.05 | 0.19% | 26.92 | 26.92 | 26.93 | 26.97 | 26.74 | 26.81 | 61,350 | 14:51:14 |
From Oct 2019 to Oct 2024
General Motors do Brasil Ltda is evaluating the possibility of turning to government financial behemoth BNDES for financing its billion-dollar investment plan, an executive with close ties to GM's regional chief executive said Wednesday.
"We are considering BNDES, private banks and Banrisul," the executive said. "We are not in the market for immediate financing."
Banrisul is the largest state-owned bank in south Brazil.
GM plans $1 billion in fleet upgrades and new models in its 2009 to 2012 investment plan. Some of the money would come from local GM resources.
General Motors Co. (GM) in Detroit does not fund General Motors do Brasil operations.
Brazil's National Development Bank, BNDES, is a low-interest investment bank. Over the last several months, BNDES has acted as lender of last resort when private banks have been cautious with their lending practices.
-By Kenneth Rapoza, Dow Jones Newswires, 5511-2847-4541, kenneth.rapoza@dowjones.com
1 Year Generali Chart |
1 Month Generali Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
