Peugeot poised to buy GM's Opel, creating European car giant

France's PSA Group (PEUP.PA) is set to announce a deal to buy Opel from General Motors (GM.N) on Monday after striking an agreement with the U.S. carmaker and winning the blessing of its board for the acquisition.

The maker of Peugeot, Citroen and DS cars said on Saturday it...read more.