News Headline Summary

GM (GM) are to buy 200mln of its shares held by the US for USD 5.5bln

- The US plans to full exit GM stake within 12-15 months.

Reaction details (13:03)

- Co. are seen up 6.7% in pre-market trading.

Analysis details (13:02)

- The US government are the biggest holder of GM with 31.93%, however has now changed given the latest announcement.

19 Dec 2012 - 13:00 - Equities - Source: Newswires

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