Is Buying Opel a Good Deal for PSA Group?
Arndt Ellinghorst, head of global automotive research at Evercord ISI, discusses PSA's deal to buy GM's Opel unit for $2.3B, how much capacity has to come out of each company and the future of GM's presence in Europe. He speaks to Bloomberg's Matt Miller and Guy Johnson on "Bloomberg Markets: European Open." (Source: Bloomberg)
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Full Show: Surveillance (08/16)
19:24 - Bloomberg Surveillance hosted by Tom Keene, Guy Johnson, and Anna Edwards. Guests include Cees 'T Hart, chief executive officer at Carlsberg Group, Greg Valliere, chief global strategist at Horizon Investments, and Rep. Bill Pascrell, a member of the House Ways and Means Committee and a Democrat from New Jersey. (Source: Bloomberg)