Fiat Chrysler, PSA tell employees they will sign merger agreement in coming weeks

United States News News

Fiat Chrysler, PSA tell employees they will sign merger agreement in coming weeks
United States Latest News,United States Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Fiat Chrysler and Peugeot-owner PSA told their employees they would sign a bindi...

In two separate communications through internal channels, obtained by Reuters on Tuesday, the two groups told employees that more than 50 people were involved in the process.Nine working groups were established, led by FCA Group Treasurer and Global Head of Business Development David Ostermann, and by PSA Executive Vice President Program and Strategy Olivier Bourges, the documents added.

FCA Chariman John Elkann last week said he was not worried by a shock lawsuit from General Motors and that he was confident of reaching a binding merger deal with Peugeot owner PSA by the end of this year. Reporting by Giulio Piovaccari in Milan, Gilles Guillaume in Paris; Editing by Tom Hogue and Stephen Coates

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:

Reuters /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japan, China agree to key step towards resumption of Japanese beef exports: MotegiJapan, China agree to key step towards resumption of Japanese beef exports: MotegiJapan and China have signed an animal health and quarantine agreement, a key ste...
Read more »

Teva partners with Israeli institutes for early-stage drug researchTeva partners with Israeli institutes for early-stage drug researchTeva Pharmaceutical Industries on Monday signed research agreements with two lea...
Read more »

Dillon Francis Signs Global Publishing Deal With Diplo's Mad Decent and Big Deal Music GroupDillon Francis Signs Global Publishing Deal With Diplo's Mad Decent and Big Deal Music Group
Read more »

Netflix signs lease agreement to keep New York's Paris Theatre openNetflix signs lease agreement to keep New York's Paris Theatre openNetflix signs a lease agreement to keep New York's Paris Theatre open. Financial terms of the lease were not disclosed.
Read more »

Human Nature Talk ARIA Hall of Fame Induction, Swooning Over Vegas Golden Knights Hockey TeamHuman Nature Talk ARIA Hall of Fame Induction, Swooning Over Vegas Golden Knights Hockey TeamAnniversary celebrations don’t come more spectacular than what’s coming to Human Nature later this week.
Read more »

Signs R. Kelly's Ex-GF Joycelyn Might Not Be Behind Tell-All PostsSigns R. Kelly's Ex-GF Joycelyn Might Not Be Behind Tell-All PostsAnother R. Kelly accuser isn't convinced Joycelyn Savage is actually behind the tell-all posts.
Read more »



Render Time: 2025-03-07 02:54:48