General Motors Co.
is interested in acquiring Ally Financial Inc.'s international operations, CEO Dan Akerson said today.
“We’re interested in it, but we’re not going to bleed to buy it,” Akerson said in an interview today at Bloomberg’s New York headquarters. “We’re the natural buyer.”
As part of Ally’s announcement today that it was putting its ResCap mortgage subsidiaries in Chapter 11 reorganization, the Detroit-based bank said it was also beginning the process of exploring “strategic alternatives for its international businesses.”