What major IPO did Evercore act as the independent advisor for in 2010?

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Evercore served as the independent advisor for General Motors' initial public offering (IPO) in 2010, which was one of the most significant IPOs in the automotive industry at that time. This event was particularly notable as it marked GM's return to the public market after having filed for bankruptcy in 2009. The company raised approximately $20.1 billion through the IPO, making it one of the largest in U.S. history.

In taking on the role of an independent advisor, Evercore provided critical financial and strategic advice, which reinforced its reputation as a leading advisory firm for complex transactions. The success of GM's IPO was a significant milestone for both the company and Evercore, showcasing their capabilities in facilitating large-scale financial events.

The other options, while notable companies with significant IPOs, did not involve Evercore as the independent advisor for the year in question. Facebook and Alibaba, for instance, went public in 2012 and 2014 respectively, while Visa's IPO occurred in 2008. Each of these situations does not pertain to Evercore's advisory role in the 2010 General Motors IPO.

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