Tag: Peugeot

AMCON Divests 79.31% Shares From Peugeot Nigeria

Motoring World International02 mins

By: ROTIMI ASHER (with reports from REUTERS) [dropcap]A[/dropcap]sset Management Corporation of Nigeria (AMCON) has concluded plans to sell off its 79.31 per cent majority shares in PAN Automobile Nigeria Limited through a bid process. To this end, it, on Tuesday called for bidders, who are willing to invest in the plant, which it jointly owns…

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We Are Ready to Come Back, Peugeot of France Tells President Buhari

Motoring World International05 mins

[dropcap]F[/dropcap]rench multinational automobile manufacturer, Peugeot (PSA Peugeot Citroen) has indicated intention to return and inject fresh investment into PAN Nigeria Limited, Nigeria’s Assembly plant, which it helped to set up in the 1970s and later abandoned. The company’s Executive Vice President for Africa and Middle-East, Mr. Jean-Christophe Quemard, stated this at Presidential Villa, Abuja while…

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