General Motors And Tengzhong Sign Definitive Agreement For Sale Of HUMMER
Green Car Congress
OCTOBER 9, 2009
Ltd (Tengzhong) have entered into a definitive agreement that will allow Tengzhong to acquire GM’s HUMMER brand. It will also assume the existing dealer agreements relating to HUMMER’s dealership network. Citi is acting as financial advisor to GM. General Motors and Sichuan Tengzhong Heavy Industrial Machinery Co.,
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