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The companies said more than 99 percent of their shareholders voted Monday to approve their massive $52 billion deal to combine into a new company called Stellantis.
New company will be called Stellantis and will trade on the NYSE and other global bourses.
Fiat Chrysler Automobiles NV (NYSE:FCAU) is kicking off the year on a high note this morning, trading up 1.9% at $18.44 at last check, following news that the company's shareholders just approved a $5
The combination culminates the search that former FCA CEO, the late Sergio Marchionne, launched in 2015 to find a partner to help shoulder the massive investments needed as the industry converts from
The voting by shareholders was one of the last steps for the merger, which the companies expect to close by the end of the first quarter.
IMPORTANT NOTICE
Shareholders in Italian American carmaker Fiat Chrysler (FCA) on Monday approved a $52 billion plan to merge with Peugeot maker PSA to create Stellantis, the world's fourth largest automotive group.
The $52 billion transaction, expected to be completed by the end of March, will result in a new company called Stellantis.
To tap the market's rally, it will be prudent to invest in momentum stocks that are still cheap. Our choices are Winnebago Industries (WGO), Fiat Chrysler (FCAU), FedEx (FDX), Williams-Sonoma (WSM) an
Shareholders in Peugeot owner PSA on Monday gave the green light for the French company to merge with Fiat Chrysler, bringing the companies closer to creating the world's fourth largest automaker. Fia
Shareholders with double voting rights in Peugeot owner PSA on Monday gave the green light to the group's merger with Fiat Chrysler (FCA), one of the last steps towards creating the world's fourth lar
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DALLAS, Dec. 30, 2020 /PRNewswire/ -- Fiat Chrysler Automobiles N.V. (FCAU) received a request December 24 to consider an alternative buyout proposal to the merger proposed to form STELLANTIS, from Fr
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