Peugeot discussing new capital hike, family would see stake fall

Newswire

PARIS, May 29 (Reuters) - French automaker PSA Peugeot Citroen is considering a new capital increase after burning through 2.5 billion euros ($3.21 billion) in cash in the past year, news website La Tribune reported on Wednesday. While such a move looks increasingly necessary, it would likely dilute the Peugeot family's stake in the troubled French carmaker, the website said. The talks on a potential capital hike are underway actively at Peugeot and within the ...

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