Business Daily - Chinese cash injection for Peugeot Citroën

2014-02-18 33

The supervisory board of French carmaker PSA Peugeot Citroën will meet this Tuesday to approve a cash injection of €800 million from Chinese carmaker Dongfeng. The French state will match that investment to take a 14% stake in the company. We hear from Beijing about what this deal means for one of China’s biggest carmakers.

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