Finance minister seeks guarantee no French factories will close before any deal is agreed
France’s finance minister has demanded that no factories in the country shut and that jobs for French workers be preserved if a proposed merger between Renault and Fiat Chrysler goes ahead.
Fiat Chrysler Automobiles (FCA) on Monday revealed a planned merger of equals between the two companies, which would create the third-largest global car manufacturer, behind Germany’s Volkswagen and Japan’s Toyota. Renault said it would study the “friendly proposal”.
Continue reading...from Mergers and acquisitions | The Guardian http://bit.ly/2HFlgYR
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