Peugeot Family Keeping Long-term PSA Stake

Newswire

PARIS, May 15 (Reuters) - The Peugeot family intends to retain a long-term shareholding in the PSA-Peugeot-Citroen group after China's Dongfeng and the French state last month took stakes, Robert Peugeot, head of the FFP family holding company, told business daily Les Echos. Last month's 3 billion euro ($4.1 billion) capital increase saw the founding family's shareholding diluted to 14.1 percent, putting it on parity with the French state and Dongfeng with similar holdings. It ...

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