PSA's shares rise as Fiat Chrysler withdraws merger offer for Renault

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Fiat Chrysler may take its turn back to Peugeot-carmaker PSA as the latter’s shares rise.

PARIS: Shares in Peugeot-carmaker PSA rose on Thursday, as analysts examined the possibility that Fiat Chrysler might turn back to PSA after FCA withdraws a merger offer for Renault.

PSA shares were up 1.5% by 7:40am, in sharp contrast to Renault whose shares slumped 6.6% while FCA’s shares also fell in Milan. French state bank BPIfrance has a 12.2% stake in PSA’s share capital. “Both parties have acknowledged the need for scale or M&A and may pursue other opportunities. If Nissan was an obstacle PSA-FCA discussions could resume,” wrote brokerage Jefferies.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 5. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Fiat Chrysler pulls out of Renault merger | The Malaysian InsightItalian-American carmaker cites unfavourable political conditions for failure to carry out such an arrangement.
Sumber: msianinsight - 🏆 8. / 63 Baca lebih lajut »

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.
Sumber: fmtoday - 🏆 5. / 72 Baca lebih lajut »

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.
Sumber: fmtoday - 🏆 5. / 72 Baca lebih lajut »

Fiat Chrysler pulls out of Renault merger | The Malaysian InsightItalian-American carmaker cites unfavourable political conditions for failure to carry out such an arrangement.
Sumber: msianinsight - 🏆 8. / 63 Baca lebih lajut »

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

Mahathir queries Axiata-Telenor Asia merger on job concernsPM has asked for more details on the planned merger. Get ready your feedback. People will lose job because of this merger / buy over. Finally Putrajaya awake. Who will benefit from this merger?
Sumber: fmtoday - 🏆 5. / 72 Baca lebih lajut »