PARIS -- The Peugeot family plans to hold informal talks with the French government to discuss the future of its stake in PSA Group, a source said.
Economy Minister Emmanuel Macron said last week in an interview with newspaper Les Echos that the state, which holds a 14 percent stake in PSA, was weighing the possible sale of part or all of its shareholding.
The Peugeot family has a 14 percent stake in PSA. "If the state reduces the stake, the Peugeot family would be interested," the source said.
The source did not say if the third main shareholder, Dongfeng Motor Group, which also holds 14 percent, would join the talks.
This comes as France's state shareholdings agency conducts a review of its portfolio as it hunts for cash to fund troubled nuclear group Areva.
The source, who spoke on condition of anonymity, told Reuters that shareholders wanted to know more. "There will be informal talks on Tuesday, but it does not mean that decisions are imminent," the source added.
An economy ministry source said there could always be bilateral contacts between shareholders, but that no meeting had been officially called for.
The value of the government's PSA stake has nearly doubled in the two years since it paid 800 million euros ($891 million) at a time the carmaker teetered close to bankruptcy.
PSA, the maker of Peugeot, Citroen and DS cars, declined to comment on the meeting. France's state shareholdings agency was not immediately available for a comment.
The Peugeot family relinquished control of PSA when the French government and Dongfeng stepped to rescue the automaker from a financial crisis in 2014. Under a bailout deal, the Peugeot family saw its 25.4 percent stake and 38 percent of voting rights diluted to parity with Dongfeng and the France, ceding control of the company it founded in 1810 as a maker of tools and coffee mills.