Automakers

Dongfeng plans partial sale of PSA stake, report says

(Krisztian Bocsi/Bloomberg)
KW
By:
Kane Wu and Gilles Guillaume
|
R
By:
Reuters
December 06, 2019 12:19 PM

HONG KONG/PARIS -- China's Dongfeng Motor will likely trim its stake in PSA Group after hiring banks to study options, people close to the matter said, in a move that could ease PSA's planned merger with Fiat Chrysler Automobiles.

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