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16 天前
PSA wins EU approval to buy GM's German unit Opel
2017年7月5日 / 下午3点01分 / 16 天前

PSA wins EU approval to buy GM's German unit Opel

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BRUSSELS, July 5 (Reuters) - French carmaker PSA Group secured unconditional EU antitrust approval on Wednesday to acquire General Motors' German unit Opel, a move which will help it better compete with market leader Volkswagen.

The European Commission said the deal did not pose any competition concerns.

PSA, the maker of Peugeot and Citroen cars, has pledged to return Opel and its British Vauxhall brand to profit.

Reporting by Foo Yun Chee; editing Robert-Jan Bartunek

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