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 ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×