Exclusive: Fiat, PSA merger hits EU roadblock, may need concessions - sources

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

EU antitrust regulators are concerned about Fiat Chrysler and Peugeot car maker PSA's combined high market share in small vans and may require ...

BRUSSELS: Fiat Chrysler's planned US$50 billion merger with Peugeot maker PSA has hit a bump after EU regulators voiced concerns about the companies' market share in small vans, indicating concessions may be required, sources said.

The EU competition enforcer, which has set a June 17 deadline for concluding its preliminary review, declined to comment. Fiat and PSA also declined to comment.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AstraZeneca is said to approach Gilead about potential merger[LONDON] AstraZeneca has approached rival drugmaker Gilead Sciences about a potential merger, according to people familiar with the matter, in what would be the biggest healthcare deal on record. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

AstraZeneca approaches Gilead about potential merger - Bloomberg NewsAstraZeneca Plc has approached rival drugmaker Gilead Sciences Inc about a potential merger, Bloomberg News reported https://bloom.bg/3h2GU9e on ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

AstraZeneca approached Gilead about potential merger: Bloomberg NewsAstraZeneca Plc has approached rival drugmaker Gilead Sciences Inc about a potential merger, Bloomberg News reported https://bloom.bg/3h2GU9e on ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »