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| Name | Symbol | Market | Type |
|---|---|---|---|
| Dongfeng Motor Group Company Ltd (PK) | USOTC:DNFGY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 14.65 | 13.67 | 15.23 | 53 | 21:04:24 |
From Jul 2019 to Jul 2024
PSA Peugeot Citroen's (UG.FR, PEUGY) board has approved a plan for an alliance with Dongfeng (0489.HK, DNFGY) in which the Chinese carmaker and the French state would buy large minority stakes at a 40% percent discount to Peugeot's current share price, Reuters said, citing an anonymous source.
The board agreed to enter final negotiations on a 3.5 billion euro ($4.8 billion) share issue that would see France and Dongfeng Motor Group take matching 20% percent holdings, the source told Reuters.
The capital increase would be priced at below EUR7 a share, and perhaps as low as a EUR6.85 indicative offer from Dongfeng, the source told Reuters. Peugeot's shares closed at EUR11.50 on Wednesday, down EUR0.11.
Website: uk.reuters.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Dongfeng Motor (PK) Chart |
1 Month Dongfeng Motor (PK) Chart |
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