News Formal

Fiat Chrysler, PSA tell employees they will sign merger agreement in coming weeks: media

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

Fiat Chrysler and Peugeot-owner PSA told their employees they would sign a binding merger agreement in coming weeks, several Italian newspapers ...

MILAN: Fiat Chrysler and Peugeot-owner PSA told their employees they would sign a binding merger agreement in coming weeks, several Italian newspapers reported on Tuesday.

The two groups are in talk to finalize a merger that would create the world's fourth-largest carmaker.Nine working groups are working on the final agreement, led by Douglas Ostermann for Fiat Chrysler and Olivier Bourges for PSA, the two companies said in separate communications through internal channels, the newspapers reported.

 

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 BUSİNESS

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.

US stocks jump to records on trade deal hopes, mergersNEW YORK: Wall Street stocks jumped to records on Monday (Nov 25) as revived hopes for US-China trade progress added to investor confidence ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Texas, Nevada drop out of state AG group suing to block Sprint, T-Mobile mergerTexas' attorney general has settled with T-Mobile Inc and Sprint Corp and will drop his opposition to the US$26.5 billion merger, leaving just ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »