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Middle East Interest In Hummer

August 2008 | Company Finance Alert

General Motors (GM) has received declarations of interest in its Hummer SUV brand from investors in the Gulf Cooperation Council (GCC). GM Middle East managing director Terry Johnsson confirmed that 'there has been interest from various parties within the Gulf'. Johnsson added that there has been a precedent for such purchases, with investors from the GCC states taking shares in Ferrari, Aston Martin and Daimler over the last three years.

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