Peugeot family writes down Signa payout after delay

Peugeot badge — (Benoit Tessier/REUTERS)

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By:

Bloomberg

November 23, 2023 09:51 AM

France’s billionaire Peugeot family wrote down money owed by units of Rene Benko’s troubled Signa, the latest sign that investors in the embattled mogul’s property empire are bracing for losses.

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