Fiat Chrysler and PSA board agree to merge

                                                                                    INQUIRY

      Fiat Chrysler (fcha. Mi) and PSA (Peugeot Citroen) said Thursday they will merge through a 50-50 equity swap to build the world's fourth largest automaker.
The two car companies said in a joint statement that the boards of directors of the two groups have tasked their teams to complete the discussions and reach a binding memorandum in the coming weeks.
They point out that Fiat Chrysler will pay a special dividend of 5.5 billion euros ($6.1 billion) to its shareholders and transfer its stake in Comau, the robot maker.
John Elkann will be chairman of the combined group, while Carlos Tavares, PSA group chief executive, will be chief executive of the new group, the companies said. The combined group is headquartered in the Netherlands.


INQUIRY sales@hellerbearings.com
  • Details： Fiat Chrysler and PSA board agree to merge

  • Like Model No.:

  • We cooperate with UPS,TNT,FEDEX,EMS,DHL,etc.They guarantee to meet your needs in terms of time and money,even if you need your Fiat Chrysler and PSA board agree to merge bearing tomorrow morning (aka overnight or next day air) on your desk, 2, 3 days or more.Note to international customers, YES, we ship worldwide. INQUIRY -->

    Hot Model No.: