Wednesday, October 30, 2019

Peugeot owner in merger talks with Fiat Chrysler

Deal between PSA Group and FCA would create one of world’s biggest carmakers

The French owner of the Peugeot and Vauxhall brands is in talks with Fiat Chrysler Automobiles (FCA) pursuing a merger that would create one of the world’s biggest carmakers.

PSA Group on Wednesday confirmed the existence of the talks, which come only months after a failed merger attempt between FCA and PSA’s French rival Renault.

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from Mergers and acquisitions | The Guardian https://ift.tt/2NnaDeV

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