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The Peugeot family plans to hold a meeting in June to work out its differences over the future of its 14.1 percent stake in PSA/Peugeot-Citroen, Les Echos newspaper reported today.

The meeting would mark a year since the family relinquished control of the carmaker, opening up a rift between two senior family members, the newspaper said.

The French government and Dongfeng, PSA’s Chinese partner, now both hold matching 14.1 percent stakes after a deal that injected fresh capital into the business and which was opposed by senior family member Thierry Peugeot. He left the PSA board in July last year.

The report said Thierry Peugeot was also expected to step down from the board of the family holding company FFP at its shareholder meeting in May, but wants to keep a grip on the business, and has built another 0.3 percent stake in the company through a separate holding company, Sapar.

See here for more: http://europe.autonews.com/article/20150427/ANE/150429850/peugeot-family-to-meet-over-future-of-its-psa-stake-report-says
 

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I think the French government will only look to interest the French and will not work out how to help Peugeot grow internationally.
 
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