Renault shares plunged 8% on Thursday morning after Fiat Chrysler pulled its offer for the French carmaker. French government officials on Renault's board postponed making a decision on Wednesday. Renault wanted more time to secure the support of long-time rival Nissan. "It has become clear that the political conditions in France do not currently exist for such a combination to proceed successfully," Fiat Chrysler said. Watch Renault, Fiat Chrysler, and Nissan trade live.
Renault shares plunged 8% on Thursday morning after Fiat Chrysler pulled its offer for the French carmaker. French government officials on Renault's board postponed making a decision on Wednesday. Renault wanted more time to secure the support of long-time rival Nissan. "It has become clear that the political conditions in France do not currently exist for such a combination to proceed successfully," Fiat Chrysler said. Watch Renault, Fiat Chrysler, and Nissan trade live.
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Fiat Chrysler withdraws merger proposal for RenaultFiat Chrysler is reportedly withdrawing its merger proposal for Renault
La source: CNBC - 🏆 12. / 72 Lire la suite »
The Latest: FCA withdraws merger offer with RenaultPARIS (AP) — The Latest on the potential merger of carmakers Renault and Fiat Chrysler (all times local): 1 a.m. Fiat Chrysler says it has withdrawn an offer to merge with French... horacioalonso16 Fiat and Renault is a merger not seen since Kmart and Sears. Why? I can pretend I have three cars if that was a the case! FIAT-CHRYSLER-RENAULT
La source: AP - 🏆 728. / 51 Lire la suite »
Fiat Chrysler Withdraws Merger Offer for RenaultFiat Chrysler has withdrawn its proposal to merge with Renault after the French auto maker’s alliance partner, Nissan Motor, refused to back the deal. So the world’s largest manufacturer of unwanted cars ain’t gonna happen? Less than a week after they offered it? Somebody must have bought a ton of options the past days. Excellente nouvelle, Renault n’aurait jamais dû considérer une offre aussi ridicule
La source: WSJ - 🏆 98. / 63 Lire la suite »
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La source: Reuters - 🏆 2. / 97 Lire la suite »
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La source: Reuters - 🏆 2. / 97 Lire la suite »
Fiat Chrysler withdraws proposed merger with RenaultFiat Chrysler has withdrawn its proposal to merge with French automaker Renault — a deal that would have reshaped the global auto industry and helped the carmakers compete in the race for electric and self-driving vehicles. We need electric cars! Chrysler sucks anyhow.
La source: CNN - 🏆 4. / 95 Lire la suite »