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Peugeot Invest (XPAR:PEUG) Accounts Payable & Accrued Expense for Financial Companies


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What is Peugeot Invest Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Peugeot Invest Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Peugeot Invest (XPAR:PEUG) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
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Address
66 avenue Charles de Gaulle, Neuilly-sur-Seine, FRA, 92200
Peugeot Invest is an investment company. It holds interests in several industrial companies; however, PSA Peugot Citroen group is its main asset. The group invests in other opportunities for diversification purposes. Traditionally, the company seeks to be a long-term minority shareholder and invest in companies with similar characteristics. Portfolio companies tend to be family-owned and among the leading players in their industry. Other investments include private equity funds that FFP makes co-investments alongside. For companies within its portfolio, the company takes a seat on the board of directors or supervisory boards to take on an active role within the investee.