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Chinese Dongfeng sells shares, Stellantis loses 3% on Wall Street

2022-01-20T17:56:23.397Z


The Chinese group Dongfeng offers on the market 35 million Stellantis shares, equal to 1.1% of the capital of the group, for a value of approximately 665 million euros. (HANDLE)


(ANSA) - NEW YORK, JAN 20 - The Chinese group Dongfeng offers 35 million Stellantis shares on the market, equal to 1.1% of the group's capital, for a value of approximately 665 million euros.


   The news, reported by the Bloomberg agency, sparked sales on the stock in New York, where Stellantis shares are down by more than 3%.


    DMHK is the fourth shareholder of the automotive group and after the offer, through BNP Paribas, it will retain a 3.3% stake in Stellantis' capital.

(HANDLE).


Source: ansa

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