Peugeot Eyes Link with China's Dongfeng
French car company PSA Peugeot-Citroen is considering a deal with its China partner Dongfeng, according to French
daily Les Echos on Tuesday.
The struggling French company has hired two banks to advise it on a capital link, the newspaper said. Peugeot wants to
expand its international presence while also keeping its alliance with General Motors, the newspaper said.
Should GM object to a capital link between Peugeot and Dongfeng, the French company could form a joint venture with
Dongfeng that would concentrate on emerging markets, Les Echos said.
Newspaper website: www.lesechos.fr
Write to Dennis Baker at firstname.lastname@example.org
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
Copyright (c) 2013 Dow Jones & Company, Inc.