Dongfeng takes bold punt on troubled Peugeot

Dongfeng Motor invests €800 million in Peugeot for a stake of about 14% and analysts deem the valuations to be reasonable.
February 19, 2014

Dongfeng Motor, a China state-backed group, is buying a 14% stake in troubled French automaker PSA Peugeot Citroen for €800 million ($1.1 billion) in a bold, if risky, move.

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