Peugeot CEO to meet Theresa May to discuss the acquisition of Opel

Reuters reports today that the CEO of PSA (Peugeot) Carlos Tavares has asked to meet British Prime Minister Theresa May to discuss his firm's planned acquisition of General Motors' (GM.N) Opel and Vauxhall operations.

Both Britain and Germany fear PSA will cut jobs if the takeover goes ahead, and British politicians are particularly concerned that the country's looming departure from the European Union does not damage its resurgent auto industry.

Earlier on Saturday the Financial Times reported that British business minister Greg Clark had offered PSA similar guarantees on EU access and supply chains to those he gave to Japan's Nissan (7201.T) last year.

But PSA subsequently said it now wanted to hold talks at the highest level of British government, after German Chancellor Angela Merkel said on Friday that she would do all she could to keep jobs in Germany, reports Reuters. Κάνοντας Like στο Facebook ενημερώνεστε άμεσα για τα νέα άρθρα -->