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PSA Group to acquire Opel/Vauxhall from General Motors · Endata

◂ Announcements

Mar 6, 2017ACQUISITIONRüsselsheim, Germany, Germany

PSA Group to acquire Opel/Vauxhall from General Motors

General Motors and PSA Group announced an agreement for PSA to acquire GM's Opel/Vauxhall subsidiary and GM Financial's European operations for a total of €2.2 billion.

Value

$2.33B (2.20B EUR)

Status

Announced

Productsautomobiles

CompaniesGeneral Motors General Motors target PSA Group acquirer Opel target Vauxhall target

Sectors#Automotive Components

“We are proud to join forces with Opel/Vauxhall and are deeply committed to continuing to develop this great company and accelerating its turnaround.”investor.gm.com

2 sources
investor.gm.comOpel/Vauxhall to join PSA Group | General MotorsMar 6, 2017
autotechinsight.spglobal.comEDITORIAL – PSA expects greater synergy through acquisition of GM’s Opel/Vauxhall business - Automotive Technology Insight | Forecasts | Industry News | Supply ChainMar 13, 2017

Summarized from public sources; check the original articles before acting on it.

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