Fiat Chrysler pulls out of Renault merger | The Malaysian Insight

The French government holds a 15% stake in Renault and has set onerous conditions on any proposed merger. – EPA pic, June 6, 2019.

ITALIAN-AMERICAN carmaker Fiat Chrysler said today it had withdrawn a proposal for a merger with Renault, saying it would be unable to reach an agreement with the French government. Fiat Chrysler “remains firmly convinced” of the interest of its offer but “political conditions do not currently exist in France to carry out such an arrangement”, it said in a statement.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Fiat Chrysler withdraws merger offer for Renault, blames French politicsFiat Chrysler withdraws its US$35 billion merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal.
Herkunft: fmtoday - 🏆 5. / 72 Weiterlesen »

Fiat Chrysler withdraws merger offer for Renault, blames French politicsFiat Chrysler withdraws its US$35 billion merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal.
Herkunft: fmtoday - 🏆 5. / 72 Weiterlesen »

Khazanah board went over proposed Axiata-Telenor merger, says minister | The Malaysian InsightKhazanah board went over proposed Axiata-Telenor merger, says minister
Herkunft: msianinsight - 🏆 8. / 63 Weiterlesen »