The Traderszone Network

Published in TZ Latest News 17 February, 2017 by The TZ Newswire Staff

Will General Motors’ $2 Billion Deal to Sell Opel Actually Happen?

General Motors‘ (NYSE: GM) long-troubled Opel subsidiary could be sold to French automaker PSA Peugeot Citroen (NASDAQOTH: PUGOY) soon. The parties are discussing a valuation around $2 billion, Bloomberg is reporting, and the framework of the deal could be in place within a week.

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