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Chinese Dongfeng Sells Shares, Stellantis Loses 3% on Wall Street – Latest Hour


(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 of 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. (HANDLE).

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