Peugeot Plans $7.26B Rescue as Dongfeng Takes Stake
Feb. 19 (Bloomberg) -- PSA Peugeot Citroen, which hasn’t posted a profit since 2011, agreed to bring in Chinese partner Dongfeng Motor and France as investors as part of a 5.27 billion-euro ($7.26 billion) rescue plan to fund new vehicles. Manus Cranny reports on Bloomberg Television's "Countdown." (Source: Bloomberg)
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