Peugeot Ready to Buy New Car Companies

The Peugeot family, one of the main shareholders of the PSA group (Peugeot, Citroën, DS, Opel, Vauxhall) has stated that they are ready to support a new acquisition, if an opportunity presents itself.  Fiat Christler is a candidate for a merger, New Delhi TV reports.  This short article is classified as B2.

Reuters reports that shares of Fiat Chrisler jumped 5.2%  yesterday as a result of the Peugeot family announcement while shares of Peugeot also rose 2.7%.  Reuters mentions General Motors and Jaguar Land Rover as other ideal partners in a future merger.  This financial story contains more technical language, so it is classified as C2.