PSA targets Opel turnaround as GM exits Europe@offshore stockbroker | Stockbroker | Scoop.it

"France's PSA Group (PEUP.PA) has agreed to buy Opel from General Motors (GM.N) in a deal valuing the business at 2.2 billion euros ($2.3 billion), creating a new European car giant to challenge market leader Volkswagen (VOWG_p.DE)."