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Peugeot's (PEUGY.PK) €1B ($1.32B) rights issue comes at a 42% discount, with the French...

Peugeot's (PEUGY.PK) €1B ($1.32B) rights issue comes at a 42% discount, with the French automaker selling shares at €8.27 each vs. €14.21 at yesterday's close. The cash will allow Peugeot to "accelerate" its strategic projects with GM (GM), which is investing €320M in the capital raising.
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