Home Citroen GM Peugeot PSA Reports GM Sells PSA Stake for €250 Million, French Carmaker’s Stock Takes a Dive

GM Sells PSA Stake for €250 Million, French Carmaker’s Stock Takes a Dive

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Following Thursday's announcement about the continuation of the alliance with PSA Peugeot-Citroen, General Motors on Friday said it has completed the sale of its entire 7 percent stake in the French carmaker through a private placement to institutional investors. GM received €250 million ($343 million) for the 24,839,429 PSA shares. Read more »
GM Sells PSA Stake for €250 Million, French Carmaker’s Stock Takes a Dive GM Sells PSA Stake for €250 Million, French Carmaker’s Stock Takes a Dive Reviewed by Unknown on 08:41:00 Rating: 5

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