PARIS Feb 18 France's Industry Minister
confirmed on Tuesday the French state would inject 800 million
euros ($1.10 billion) in PSA Peugeot Citroen leaving
it with a 14 percent stake in the carmaker as part of a deal
with China's Dongfeng.
Peugeot and Dongfeng have agreed a 3 billion euro capital
tie-up that buys Peugeot more time to turn its business around,
brings in new management and ends two centuries of family
control, two sources told Reuters before an official
announcement set for Wednesday.