UPDATE 1-GM in talks to buy small Peugeot stake-sources

Newswire

(Adds details of GM, Peugeot talks) PARIS/NEW YORK, Feb 27 (Reuters) - General Motors Co is in advanced discussions to buy a small stake in French automaker PSA Peugeot Citroen as part of their proposed strategic alliance in Europe, sources familiar with the situation said on Monday. Under the terms being discussed, GM would likely buy a stake of less than 5 percent in Peugeot, the sources said. A deal could be announced in the next few days, although sources warned that no deal has been ...

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