French finance minister pledges Peugeot will stay French-owned

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The minister was speaking ahead of a change in PSA's ownership structure that will see China's Dongfeng Motor take a major stake in the company.

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France's finance minister pledged to make sure PSA Peugeot Citroën stays French, hours before a supervisory board meeting on Sunday to consider a fundraising that is likely to change the ownership structure of the loss-making carmaker, reports Reuters.