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%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

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.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 5. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

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

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.
Fonte: fmtoday - 🏆 5. / 72 Consulte Mais informação »

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.
Fonte: fmtoday - 🏆 5. / 72 Consulte Mais informação »

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

Khazanah board went over proposed Axiata-Telenor merger, says minister | The Malaysian InsightKhazanah board went over proposed Axiata-Telenor merger, says minister
Fonte: msianinsight - 🏆 8. / 63 Consulte Mais informação »

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?
Fonte: fmtoday - 🏆 5. / 72 Consulte Mais informação »