May 2005
Investment Dealers' Digest;5/30/2005, Vol. 71 Issue 21, p46
Trade Publication
The article presents industries-related statistics and various news items associated with investment banking. Ford Motor Co. said it would bail out its former auto ports division, Visteon, and take over 24 of Visteon's U.S. ad Mexico plants. The deal will cost the auto maker 15 billion dollars in special charges and up to 425 million dollars in operating losses this year and next. A unit of General Electric Co. is interested in buying a stake in Taiwan's Cosmos Bank, which said it wants to sell up to 4.1% of its outstanding shares in a private placement that could be worth some 345 million dollars.


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