Peugeot: go-ahead from authorities for Opel deal.
(CercleFinance.com) - The European competition authorities have authorized the planned acquisition of Opel/Vauxhall's automobile business from GM.
This deal will put the PSA Group in second place in Europe. The project also includes the acquisition of GM Financial Europe's operations by BNP Paribas and Groupe PSA.
On this occasion, Patrice Lucas, Manager of programs and Group strategy declares: “Today, we have taken a substantial step. The teams are now focused on the achievement of all other conditions necessary for the closing, planned for later this year”.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
This deal will put the PSA Group in second place in Europe. The project also includes the acquisition of GM Financial Europe's operations by BNP Paribas and Groupe PSA.
On this occasion, Patrice Lucas, Manager of programs and Group strategy declares: “Today, we have taken a substantial step. The teams are now focused on the achievement of all other conditions necessary for the closing, planned for later this year”.
Copyright (c) 2017 CercleFinance.com. All rights reserved.