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PSA Peugeot-Citroen: Group’s communication

Based on recent media reports concerning PSA Peugeot Citroën’s plan to implement a capital increase and strengthen its industrial and commercial alliance with Dong Feng Motor, as announced in a press release dated 20 January, the company would like to clarify the following points: The Supervisory Board at its meeting on 5 february 2014, expressed … Continued

Based on recent media reports concerning PSA Peugeot Citroën’s plan to implement a capital increase and strengthen its industrial and commercial alliance with Dong Feng Motor, as announced in a press release dated 20 January, the company would like to clarify the following points:

The Supervisory Board at its meeting on 5 february 2014, expressed its full support for the project as presented by the Managing Board and authorised the latter to continue negotiations with a view to obtaining the Supervisory Board’s approval when it meets on 18 February.’

The Company cannot give any assurance regarding the outcome of the project.

https://www.automotiveworld.com/news-releases/psa-peugeot-citroen-groups-communication/

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