French, German Economy Ministers Say PSA-Opel Merger May Make Sense
February 23 2017 - 9:52AM
Dow Jones News
By Nick Kostov
PARIS--French Finance Minister Michel Sapin and German Economy
Minister Brigitte Zypries appear to be warming to the idea of
Franco-German auto champion.
In a joint statement on Thursday, the ministers said that
Peugeot's proposed acquisition of German car maker Opel could
improve competitiveness at both companies and help to boost
exports.
"It could help the creation of a new European actor on the world
stage," they said.
Write to Nick Kostov at nick.kostov@wsj.com
(END) Dow Jones Newswires
February 23, 2017 09:37 ET (14:37 GMT)
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