Peugeot SA (PEUP.PA)
17 Feb 2017
LONDON Britain has offered Peugeot manufacturer PSA Group assurances on post-Brexit trade and supply chains in an attempt to protect Vauxhall car plants after a possible takeover, the Financial Times reported on Saturday.
BRIEF-General Motors, Peugeot said to value Opel at about $2 bln,talks advance- StreetInsider, citing Bloomberg
* General Motors , Peugeot said to value Opel at about $2 billion, talks advance - StreetInsider, citing Bloomberg
BRIEF-French PM Cazeneuve says talked briefly with UK PM May about Peugeot-GM, will be discussed further by France and UK
* French pm cazeneuve says talked briefly with uk pm may about peugeot-gm, will be discussed further by france and u.k. Source text for Eikon: Further company coverage: (Paris newsroom, firstname.lastname@example.org email; +33 1 4949 5452)
* Says merger with PSA makes sense in principle, doing everything to create sustainable future for Opel Further company coverage:
LONDON Bosses at the Peugeot-maker PSA Group have told the British government they would seek to build on the strengths of the Vauxhall car business if they succeed in buying its parent company, Opel.
* Says to invest 200 million euros ($213 million) to modernize Sochaux plant in eastern France
LONDON British business minister Greg Clark said he had been reassured by General Motors that the firm did not intend to "rationalize" its Vauxhall operations in the UK, after meeting with GM's president Dan Ammann to discuss GM's plan to sell its European subsidiary to France's PSA .
FRANKFURT/PARIS PSA Group and General Motors mobilized their chief executives on Wednesday to defend the Peugeot maker's planned acquisition of GM's Opel against a German-led backlash that could derail the deal even before its terms are finalised. | Video
FRANKFURT General Motors Chief Executive Mary Barra on Wednesday told employees that combining GM's European Opel and Vauxhall business with Peugeot would be beneficial for both companies.
FRANKFURT, Feb 15 General Motors Chief Executive Mary Barra on Wednesday told employees that combining GM's European Opel and Vauxhall business with Peugeot would be beneficial for both companies.