News Formal

Stellantis: Fiat, Peugeot $38 billion merger gets antitrust approval - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Nigeria News News

Fiat Chrysler and Peugeot got antitrust approval for their $38 billion merger to create Stellantis, the world's 4th biggest carmaker

The merger would create the world's fourth-biggest carmaker, owning brands such as Jeep, Maserati, and Opel.

The carmarkers announced their intention to merge in late 2019, and expect the deal to close by the end of the first quarter of 2021.Fiat Chrysler Automobiles and French rival Peugeot gained EU antitrust approval on Monday for theirThe two carmakers are hoping the deal, which will create the world's fourth-biggest carmaker, Stellantis, will help them tackle the industry's dual challenges of funding cleaner vehicles and the global pandemic.

 

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:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Inside the SolarWinds cyberattacks – FireEye leader explains discovery - Business InsiderInside the discovery of the massive SolarWinds cyberattacks: FireEye's top expert explains how his team found a 'needle in a haystack of needles'
Source: BusinessInsider - 🏆 729. / 51 Read more »

What it's like inside a Pakistani soccer ball factory in Sialkot - Business InsiderAlmost 70% of the world's soccer balls are made in one city in Pakistan — here's what it's like inside one of the factories Bendita esa ciudad I’m still smiling! it’s been so beneficial trying someone new. The step take couldn’t be much better. So glad I came across lisaMakT
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Michelob's pandemic marketing strategy that's boosted sales - Business InsiderMichelob Ultra's sales have soared even as people ditch beer. Here's how the brand has catered to health-focused consumers in the pandemic. 90% of news about covid and trump
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside the wealthy's weird, pricey pandemic purchases - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Photos show pro-Trump rioters inside Senate chamber - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Where tf is police?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Photos show the destruction inside of the US Capitol Building - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Attempted coup? You mean that band of idiots taking selfies wanted to take over the government?
Source: BusinessInsider - 🏆 729. / 51 Read more »