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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.17 | -0.72% | 23.31 | 23.30 | 23.32 | 23.40 | 23.07 | 23.31 | 130,409 | 14:49:33 |
From Jul 2019 to Jul 2024
State-run Korea Development Bank said Thursday that it's willing to provide liquidity to financially strapped GM Daewoo Auto & Technology Co. if its parent company in the U.S. is willing to support the unit.
GM Daewoo is the South Korean unit of General Motors Corp. (GM)
KDB said in a statement that it will help GM Daewoo if GM provides a long-term development plan for its Korean unit.
KDB officials met the management of GM Daewoo earlier in the day for a 30 minute discussion on the possibility of an injection of liquidity, the statement said.
KDB also recommended GM Daewoo to find means to survive on its own and discuss them with its U.S. parent.
KDB is the main creditor of GM Daewoo and also owns a 28% stake in the carmaker.
-By Jin-Young Yook, Dow Jones Newswires; 822-2198-2230; jin-young.yook@dowjones.com
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