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Psa Peugeot: capital increase after agreement with General Motors, the stock collapses on the stock market

The French automotive group loses 6% on the Paris Stock Exchange after the announcement of the procedures for the capital increase which will allow General Motors to acquire 7%.

Psa Peugeot: capital increase after agreement with General Motors, the stock collapses on the stock market

Psa Peugeot Citroen stock opened in sharp decline today on the Paris Stock Exchange, after the announcement of the capital increase of one billion euros following the alliance signed with General Motors. In mid-morning, the share of the transalpine automotive group fell to -6%, the worst of the Cac 40.

This morning Peugeot had announced that the capital increase, which will allow the US General Motors to enter 7% of its capital it will be carried out on the basis of a subscription of 8,27 euros per share.

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