PSA CEO Speaks to U.K.'s May, Germany's Merkel About Jobs

PSA CEO Speaks to U.K.'s May, Germany's Merkel About Jobs

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Business, Architecture

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Hard

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Peugeot has shown solid profit growth with an 18% increase in recurring operating income and revenues of €54 billion. For the first time since 2011, they are presenting a dividend of €0.48 per share. CEO Carlos Tavares' turnaround strategy is proving effective, potentially aiding in the acquisition of GM's Opel and Vauxhall brands. This acquisition could elevate PSA's market position in Europe. However, there is uncertainty about the deal's conclusion, with hopes to finalize by early March. The CEO faces questions about the deal's valuation, estimated at $2 billion, and job protection in the UK and Germany.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the estimated valuation of the deal for Opel and Vauxhall?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the CEO face regarding job protection at Vauxhall?

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