Peugeot Gets French Government Backing

PSA Peugeot Citroen won 7 billion euros ($9 billion) in French government guarantees to shore up its ailing finance arm after predicting the carmaker’s debt is set to rise 20 percent more than previously expected.

Full Show: Bloomberg Markets Middle East 07/24
21:24 - Full episode of "Bloomberg Markets Middle East." Guests include: Tarek Fadlallah, chief executive officer at Nomura Asset Management Middle East, and Jesse Downs, managing director at Phidar Advisory. (Source: Bloomberg)
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