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Peugeot, GM discuss tie-up

Published: 2012/02/23
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PARIS: PSA Peugeot Citroen is in talks with GM on forming a “strategic partnership”, French Labour Minister Xavier Bertrand said yesterday.

Peugeot shares rose 8.48 per cent on the Paris exchange as news of the possible tie-up between the two industry giants spread.

The minister said the talks were good news, but his government was seeking assurances French jobs were safe. AFP












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