Fiat, PSA face EU antitrust probe over $50-billion merger: sources

The companies had until Wednesday to put in concessions but did not do so, the sources said. That will automatically trigger a four-month-long investigation by the European Commission when it completes its preliminary review on June 17.The EU competition enforcer, Fiat Chrysler and PSA declined to comment.

“It is a huge and complicate deal, we know how things work and so we knew that a full probe was an option. Which by the way would not cause any delay to the time frame we face for the merger,” one of the sources said. Another source said if EU regulators have any concerns, they should list them. The companies expect to finalize the deal in the first quarter of 2021.

Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter.

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

IIROC proposes merger with Mutual Fund Dealers AssociationIIROC says move would reduce duplication and save millions of dollars that could instead be invested in growth and innovation in the investment industry
ソース: nationalpost - 🏆 10. / 80 続きを読む »

France announces US$16.9 billion in aid to aviation industryFrance's government announced 15 billion euros (US$16.9 billion) in rescue money on Tuesday for the pandemic-battered aerospace industry, including plane maker Airbus and national airline Air France. JustinTrudeau Tik tok Tik tok.. ... You're on the clock sir! JustinTrudeau This crisis has been a pure disaster for aviation industry. Hundreds of billion in losses. While other countries have recognized the negative impact on the sector and announced huge bailout, you are doing NOTHING. We will remember.
ソース: CTVNews - 🏆 1. / 99 続きを読む »