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Fiat puts brakes on merger with Renault

Paris: Italian-American carmaker Fiat Chrysler on Thursday withdrew its blockbuster proposal to merge with Renault, blaming political objections in Paris and sparking a war of words with French officials. Fiat Chrysler (FCA) had stunned the markets last week by proposing a “merger of equals” with the French group that would create an auto giant spanning the globe. AFP



from The Tribune http://bit.ly/2QRLeeI
via Today’s News Headlines
Fiat puts brakes on merger with Renault Fiat puts brakes on merger with Renault Reviewed by Online News Services on June 06, 2019 Rating: 5

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