Peugeot to Sell Gefco Stake for 800 Million Euros, Union Says

Peugeot to Sell Gefco Stake for 800 Million Euros, Union Says

Fabrice Dimier/Bloomberg

PSA Peugeot Citroen announced plans in February to sell assets, including a stake in Gefco, as it grapples with car-industry overcapacity and increasing debt.