Friday, July 24, 2020

Fiat Chrysler-PSA merger talks had stops and starts, filing shows

A preliminary prospectus filed late Friday reveals talks between the companies were halted twice, once when FCA proposed a merger with Groupe Renault in May 2019 and again three months later when there was a disagreement between the automakers on the amount of the pre-merger distribution to FCA's shareholders.



from Section Page News - Automotive News https://ift.tt/3f5Bvfy

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