Peugeot and Russian Railways sign contract to sell 75% of Gefco

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Philippe Varin, Chairman of the Managing Board of PSA Peugeot Citroën, and Vladimir Yakunin, President of JSC Russian Railways (RZD), signed a contract on Monday, 5 November 2012 concerning the sale of shares representing 75% of the capital and voting rights of GEFCO S.A., the parent company of the GEFCO group.

The completion of the transaction is now exclusively subject to relevant antitrust approvals and should take place before the end of the year.