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North America

GMAC hopes to avoid a downgrade by moving its insurance unit to Cerebrus

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GMAC LLC is expected to avoid a rating downgrade on its profitable insurance business by transferring control to private-equity group Cerebrus Capital Management.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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