Peugeot to report multi-billion euro write down - sources

By Sophie Sassard and Laurence Frost

LONDON/PARIS (Reuters) - French car maker PSA Peugeot Citroen is set to announce a multi-billion euro write down on its non-performing assets, two people familiar with the situation said.

Peugeot has net tangible assets worth 14 billion euros, according to Thomson Reuters data, and is expected to write down a significant part of it on Thursday, the people said.

Peugeot declined to comment. Traders said the company had called a surprise conference call for analysts on Thursday night.

(Reporting by Sophie Sassard and Laurence Frost; Editing by Steve Slater)