TITLE

INVESTMENT BANKING DATABASE: INDUSTRIALS

PUB. DATE
February 2005
SOURCE
Investment Dealers' Digest;2/28/2005, Vol. 71 Issue 8, p42
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on the recent developments related to investment banking in the industrial sector. To counter slow sales, General Motors Corp. is trying to use price cuts as incentives instead of cash-back incentives. China's largest steel maker, Baoshan Iron and Steel Co. Ltd., has delayed its $2.7 billion share issuance, which would have been the largest domestic transaction of its kind. Great Britain aerospace and defense contractor BAE Systems PLC said it would sell 14% of its Swedish affiliate Saab, lowering its stake to 20%.
ACCESSION #
16262883

 

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