Exclusive: GM offers $2.2 billion debt for equity swap in return for Seoul's support - sources

SEOUL (Reuters) - General Motors has offered to convert debt of around $2.2 billion owed by its ailing South Korean operation into equity in exchange for financial support and tax benefits from Seoul, four sources with direct knowledge of the matter said.

Exclusive: GM offers $2.2 billion debt for equity swap in return for Seoul's support - sources
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