Seeking Alpha

Critical board meeting this weekend at Peugeot

  • The board at Peugeot (PEUGY) will meet this weekend to discuss a plan to take a $1B investment from Dongfeng Motor and the French government to be split evenly.
  • Under the scenario, the automaker would also sell shares to bring the total fundraising close to $3B.
  • There is a division within the controlling Peugeot family over the proposal, according to sources.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs