Renault shares plunged 8% on Thursday morning after Fiat Chrysler pulled its offer for the French carmaker. French government officials on Renault's board postponed making a decision on Wednesday. Renault wanted more time to secure the support of long-time rival Nissan. "It has become clear that the political conditions in France do not currently exist for such a combination to proceed successfully," Fiat Chrysler said. Watch Renault, Fiat Chrysler, and Nissan trade live.
Renault shares plunged 8% on Thursday morning after Fiat Chrysler pulled its offer for the French carmaker. French government officials on Renault's board postponed making a decision on Wednesday. Renault wanted more time to secure the support of long-time rival Nissan. "It has become clear that the political conditions in France do not currently exist for such a combination to proceed successfully," Fiat Chrysler said. Watch Renault, Fiat Chrysler, and Nissan trade live.
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:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fiat Chrysler withdraws merger proposal for RenaultFiat Chrysler is reportedly withdrawing its merger proposal for Renault
Source: CNBC - 🏆 12. / 72 Read more »
The Latest: FCA withdraws merger offer with RenaultPARIS (AP) — The Latest on the potential merger of carmakers Renault and Fiat Chrysler (all times local): 1 a.m. Fiat Chrysler says it has withdrawn an offer to merge with French... horacioalonso16 Fiat and Renault is a merger not seen since Kmart and Sears. Why? I can pretend I have three cars if that was a the case! FIAT-CHRYSLER-RENAULT
Source: AP - 🏆 728. / 51 Read more »
Fiat Chrysler Withdraws Merger Offer for RenaultFiat Chrysler has withdrawn its proposal to merge with Renault after the French auto maker’s alliance partner, Nissan Motor, refused to back the deal. So the world’s largest manufacturer of unwanted cars ain’t gonna happen? Less than a week after they offered it? Somebody must have bought a ton of options the past days. Excellente nouvelle, Renault n’aurait jamais dû considérer une offre aussi ridicule
Source: WSJ - 🏆 98. / 63 Read more »
Exclusive: FCA discusses improved Renault merger bid to win French backingFiat Chrysler is discussing a Renault special dividend and stronger job guarante... Fusion de Renault avec Fiat Chrysler, vers une nouvelle affaire Alstom ? Macron and his clique are quick to sell out French industry Y a 2 jours c’était non négociable, à prendre ou à laisser. La réalité c’est qu’un deal est vital à la survie de FCA, tandis que Renault n’a que très peu d’intérêt à accepter la mauvaise proposition de FCA en l’état
Source: Reuters - 🏆 2. / 97 Read more »
Exclusive: FCA discusses improved Renault merger bid to win French backingFiat Chrysler is discussing a Renault special dividend and stronger job guarante... FCAR? Chrefic? RenoFiChry? NatalyaPierce15 Bonjour!
Source: Reuters - 🏆 2. / 97 Read more »
Fiat Chrysler withdraws proposed merger with RenaultFiat Chrysler has withdrawn its proposal to merge with French automaker Renault — a deal that would have reshaped the global auto industry and helped the carmakers compete in the race for electric and self-driving vehicles. We need electric cars! Chrysler sucks anyhow.
Source: CNN - 🏆 4. / 95 Read more »