The return on the stock exchange of the American automaker becomes clearer according to various U.S. media, and GM might have decided to accelerate the process and not wait until next year to return to stock exchange. The U.S. Treasury Department has confirmed that General Motors would decide the timing of its IPO.
The U.S. Treasury is shareholder at 60.8% of General Motors, said that the American manufacturer would determine itself the date of its IPO in light of various factors.
And, to confirm that this operation would come in the last quarter of this year. The U.S. Treasury, who will be responsible for overseeing this process, could decide whether to participate or not in an IPO of GM and at what level of involvement.
According to the latest anticipated figures, the placing on the market exchange of GM parts is now valued at 37 billion dollars.
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