Renault-Fiat merger is abandoned, pretty much out of the blue

So-called mergers of equals are never easy, and this one exposed distrust among all parties, including the French governmentWell that was abrupt.

So-called mergers of equals are never easy, as the epic falling out at the Franco-Italian eyewear producer EssilorLuxottica makes painfully clear. And Renault? The merger discussions have exposed just how little investors think of the French group. Subtracting its stake in Nissan, its cash, and other investments, shareholders accord no value whatsoever to Renault’s car-making operations. That’s embarrassing, to put it mildly, and Senard will be under even more pressure to change the stock market’s view.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom 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 offer for RenaultFrench politics blamed for scuttling landmark deal
Source: BDliveSA - 🏆 12. / 63 Read more »

Business Maverick: Fiat Chrysler withdraws merger offer for Renault, blames French politicsFiat Chrysler said it has abandoned its $35 billion merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal to create the world's third-biggest automaker. Just gotta love that French arrogance !
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Fiat Chrysler withdraws merger offer for Renault, blames French politicsFiat Chrysler said it has abandoned its $35 billion merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal to create the world's third-biggest automaker. Just gotta love that French arrogance !
Source: dailymaverick - 🏆 3. / 84 Read more »

Fiat Chrysler withdraws merger offer for RenaultFrench politics blamed for scuttling landmark deal
Source: BDliveSA - 🏆 12. / 63 Read more »