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GM, Peugeot Halt Talks on Full Opel Combination With Peugeot -Reuters

Date : 11/14/2012 @ 3:04AM
Source : Dow Jones News
Stock : General Motors Company (GM)
Quote : 34.44  0.21 (0.61%) @ 1:15AM
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GM, Peugeot Halt Talks on Full Opel Combination With Peugeot -Reuters

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General Motors Co. (GM) and PSA Peugeot Citroen (UG.FR), which formed a strategic alliance this year, have halted talks on a full combination of Peugeot and GM's Opel unit, Reuters reported Tuesday, citing people familiar with the matter.

Reuters reported that "misgivings" about Peugeot's financial condition and a government bailout were factors in a "pause" of discussions.

Full story at http://www.reuters.com/article/2012/11/13/peugeot-gm-talks-stalled-idUSL5E8MD47120121113

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