- PSA Group's (OTCPK:PEUGF) proposed acquisition of Opel would swiftly create savings and value from the General Motors (NYSE:GM) European division's turnaround and complementary brands, according to the French carmaker.
- While there's still no certainty over ongoing acquisition talks, Peuegot's chairman spoke with Theresa May yesterday about the "shared goal" of strengthening the U.K.'s supply chain and protecting jobs at Vauxhall plants.
- Previously: PSA Group sees significant savings from potential Opel deal (Feb. 22 2017)