Tuesday, April 3, 2012

Peugeot-Citroën raises cash by selling its Paris headquarters

Peugeot-Citroën raises cash by selling its Paris headquarters

You know things are rough when you have to sell your corporate headquarters to raise some cash. But that's just what PSA Peugeot-Citroën did this week, unloading its Parisian office building for about $327 million, according to Automotive News. The 48-year-old headquarters is located in Paris' central business district, not far from the Arc de Triomphe and the Champs-Elysees.

Autoblog, Peugeot-Citroën raises cash by selling its Paris headquarters

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