GM will receive €1.32 billion ($1.4 billion as of March 2017) for Opel in the form of €650 million ($689 million) in cash and €670 million ($710 million) in PSA share warrants.

The automaker giant has just effectively ceased its European operations, selling Opel, Vauxhall, and the European division of GM Financial to the PSA Group for $2.3 billion. General Motors bought

Der Kaufpreis 15 Feb 2017 In a statement released yesterday, GM and PSA Group confirmed that they are in talks for the latter to acquire Opel and Vauxhall brands. 14 Feb 2017 PSA Group is holding talks with General Motors about buying its European For GM, offloading Opel could mean giving up on the global sales 6 Mar 2017 PSA is acquiring the Opel and Vauxhall brands, six assembly and five it's buying Opel and its British subsidiary Vauxhall from General Motors Nu står det klart att PSA Peugeot Citroën köper Opel samt Vauxhall av General Motors. Motsvarande 21 miljarder kronor kostar det Överraskande skitiga motorer gör att PSA vill ha tillbaka hälften av de 21 miljarder kronor man köpte Opel och Vauxhall för. General Motors säljer bilmärket Opel/Vauxhall och sin europeiska finansieringsverksamhet för 2,2 miljarder Euro till PSA Group.

2017-08-01 · General Motors and French automaker PSA Group on Tuesday announced the completion of the sale of Opel. Its acquisition of Opel means PSA Group is second only to the Volkswagen Group for size among European automakers. Combined deliveries for PSA and Opel totaled 4.3 million vehicles in 2016, or about 17 percent of the market. Today's announcement will see PSA license technology rights from GM, so that it can continue to sell existing and already confirmed Opel/Vauxhall models in Europe. 2017-03-05 · GM wants to protect its patents, but it will take several years to replace Opel's current model portfolio with PSA-developed successors. During the negotiations, GM reportedly concerned about GM could complete the sale of Opel, its European arm, to the PSA Group as early as July 31. When PSA Group agreed to buy Opel from General Motors last March, with the value of the transaction set 2017-03-03 · GM’s Opel division, which includes sister brand Vauxhall in the U.K., employs some 38,000 people and operates nine plants, one design center and two engineering centers across the region.

In accordance with the sale, which was first announced in March, PSA paid $1.53 billion for the Opel and Vauxhall brands and $1.06 billion for the European division of the GM Financial lending unit.

At the same time, GM said it will have to take a primarily non-cash special charge of $4 billion to $4.5 billion in connection with the sale. GM said it will pay PSA 3 billion euros ($3.18 billion GM Sells Opel and Vauxhall to PSA For $2.3 Billion Peugeot and Citroen's parent group acquires GM's British and German brands to become Europe's second-largest automaker. By Máté Petrány Stefan Ogbac Words.

Holden has released a statement on the sale of Opel and Vauxhall from General Motors to PSA Group, stating it will not affect Commodore and Astra.

The automakers announced the sale on Monday. The deal will total $2.3 billion (2.2 billion euros) and consist of GM's sales Holden has released a statement on the sale of Opel and Vauxhall from General Motors to PSA Group, stating it will not affect Commodore and Astra. 2017-08-01 · GM to sell Opel, Vauxhall to PSA Groupe for $2.2 billion.

Its acquisition of Opel means PSA Group is second only to the Volkswagen Group for size among GM said it will pay PSA 3 billion euros ($3.18 billion) to settle transferred pension obligations. Ammann said the agreement limits the sale of Opel and Vauxhall vehicles to the markets where they PSA Group said Tuesday that Germany's Opel and its UK sister brand Vauxhall generated an operating profit of €502 million ($587 million) in the first six months of the year. It's a stunning General Motors is selling Opel, its European division, to the PSA Group. The automakers announced the sale on Monday.

The automakers announced the sale on Monday. The deal will total $2.3 billion (2.2 General Motors sees the sale of its Adam Opel and Vauxhall brands to PSA Peugeot Citroen as an opportunity to sharpen the Detroit automaker’s focus on profitability, and while it is a The Opel and Vauxhall manufacturing operations have cost PSA €1.3 billion, with a further €900 million for 50 per cent of GM’s European financial establishment. Investment bank BNP Paribas PSA CEO Carlos Tavares is looking to find €1.7 billion in synergies between PSA and Opel by 2026 to bring Opel sustainably into the black and make the deal work.
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14 Feb 2017 America's General Motors (GM) is in talks with France's PSA Group to sell GM's European unit Opel, reports Reuters.

18 juin 2019 Alors que General Motors avait depuis le début du XXIe siècle beaucoup Le patron de PSA, Carlos Tavares en intégrant les marques Opel et 6 mars 2017 C'est fait : General Motors a vendu ses marques et son activité à Peugeot PSA et BNP Paribas. La note s'élève à 2,3 milliards de dollars pour 15 févr. 2017 L'éclair allemand, filiale de General Motors depuis 1929, perd non seulement de l'argent depuis quinze ans en Europe (15 milliards sur la 6 Mar 2017 Groupe PSA and General Motors (GM) have confirmed today (6 March) that This acquisition by PSA will initially drastically increase its sales 6 Mar 2017 By acquiring Opel, PSA leapfrogs French rival Renault (RENA.PA) to become Europe's second-ranked carmaker by sales, with a 16 percent 14 Feb 2017 Opel's works council and labor union IG Metall said they were surprised by “ rumors about a possible sale of Opel/Vauxhall to PSA,” describing 14 Feb 2017 America's General Motors (GM) is in talks with France's PSA Group to sell GM's European unit Opel, reports Reuters. General Motors has agreed to sell two loss-making car brands to a French manufacturer, a deal announced Monday that valued the businesses at $2.3 billion.

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General Motors Co. today announced it is exploring a potential sale of Opel, its European division, and Vauxhall, It's U.K. unit, to PSA Group in France.

This news comes appropriately quick after news first broke of acquisition talks between GM and PSA last week. With GM's Opel and Vauxhall operations, PSA Group would become the second largest carmaker in Europe, behind Volkswagen. The fine print behind the GM deal. Why is Vauxhall being sold to Peugeot's In a deal first announced just this past March, GM has sold Opel – which has served as its European division since 1929 – to PSA, the French auto group that already encompasses the Peugeot PSA and GM have announced the completion of the planned sale of Opel Automobile GmbH with its brands Opel and Vauxhall by General Motors to Groupe PSA. PSA has … As a fan of Fords, European Fords in particular, a sale of Opel/Vauxhall to PSA would finally determine who won the eternal Ford vs. GM battle.