Tag Archives: Peugeot in merger talks to create $50 bn firm

WASHINGTON: US-Italian auto giant Fiat Chrysler and France´s Peugeot are in merger talks that would yield an entity valued at about $50 billion, a person with knowledge of the matter told AFP on Tuesday. Carlos Tavares, the chief executive of Peugeot´s parent, PSA Group, would lead the new company as CEO while John Elkann, chairman of Fiat Chrysler Automobile (FCA), …

WASHINGTON: US-Italian auto giant Fiat Chrysler and France´s Peugeot are in merger talks that would yield an entity valued at about $50 billion, a person with knowledge of the matter told AFP on Tuesday. Carlos Tavares, the chief executive of Peugeot´s parent, PSA Group, would lead the new company as CEO while John Elkann, chairman of Fiat Chrysler Automobile (FCA), …