CapLaw-2017-20

Groupe PSA (PSA) and General Motors Co. (GM) announced an agreement under which PSA will acquire GM’s Opel and Vauxhall businesses in a transaction valuing at EUR 1.3 bn. Furthermore, PSA together with BNP Paribas will acquire GM Financial’s European operations valuing these activities at EUR 900m through a newly formed 50%/50% joint venture. Upon…