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DNFGY Dongfeng Motor Group Company Ltd (PK)

14.65
0.00 (0.00%)
30 Jul 2024 - Closed
Delayed by 15 minutes
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 13.90 14.28 0.00 12:49:10

Peugeot Eyes Link with China's Dongfeng

18/09/2013 4:40am

Dow Jones News


Dongfeng Motor (PK) (USOTC:DNFGY)
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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 dennis.baker@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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