Fiat-Peugeot

[dealmaker]

Fiat-Peugeot


Fiat Chrysler and Peugeot-maker PSA Group have announced their planned merger, a 50-50 share swap. If it all goes ahead, the CEO will be Peugeot's Carlos Tavares, while Fiat Chrysler's John Elkann becomes chairman. The French government seems to be along for the ride this time, unlike with the mooted Fiat Chrysler-Renault merger. Bloomberg

 

[dealmaker]

Fiat Chrysler PSA


No, not a public service announcement: Fiat Chrysler is in merger talks with Peugeot maker PSA Group of France. The combined entity, if it appears, would be worth around $46 billion and be the world's fourth-largest car maker by volume. Fiat Chrysler recently tried to merge with Peugeot rival Renault, but that deal was sunk by the French government and Renault alliance partner Nissan. Wall Street Journal