25/02/2013 (Agence Europe) - Mergers: GM/Ally Financial. On 25 February 2013, the European Commission gave the go-ahead to the acquisition by US giant General Motors, of Ally Financial (formerly GMAC), its car loan company mainly active in the US, Latin America and Europe, which became a bank holding company and part-nationalised in 2008. The deal gives General Motors exclusive control over Ally Financial in Europe and Latin America. The deal was examined using the simplified merger...