European Car Makers in Pole Position: PSA Group to Acquire GM’s European Businesses for €2.2bn

Peugeot SA (EPA: UG) – market cap as of 11/03/2017: €15.79bn General Motors Co. (NYSE: GM) – market cap as of 11/03/2017: $55.17bn Introduction On March 6, 2017, PSA Group announced an agreement with General Motors Co. whereby the French holding will acquire GM’s Opel and Vauxhall subsidiaries, together with GM Financial’s European operations in […]