France: PSA completes €1bn equity issue

PSA Peugeot Citroen has confirmed it has completed its €1bn (US$1.33bn) capital increase and that, as expected due to the deep discount offered to existing shareholders, it was heavily oversubscribed. The issue price of €8.27 per share, which was announced on 6 March, represented a 42% discount to the closing Subscribe to Automotive World to … Continued

• By Webmaster
• March 28, 2012