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PSA's Financing Unit Set To Win EU Approval For State Aid By Next Week
A $9.25 billion (€7B) loan guarantee from the French national government for the Banque PSA Finance arm of PSA/Peugeot-Citroen, Europe’s second largest car company, will likely gain approval from European Union regulators next week, according to sources cited by Reuters and Bloomberg.
TTAC Staff
Jul 25, 2013
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