UPDATE 1-Peugeot shares jump on Faurecia sale speculation

Newswire

* Shares surge on Faurecia sale speculation * Peugeot jump reflects short-covering * Companies decline to comment (Adds companies declined comment, analyst comment, details and background) PARIS, Jan 7 (Reuters) - Shares in PSA Peugeot Citroen and subsidiary Faurecia rose sharply on Monday on speculation the struggling French automaker could sell its parts maker to reduce debt. Peugeot rose as much as 13 percent after ...

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