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04 Jan
15:15

Shareholders approve PSA-FCA merger

France’s Peugeot S.A. (PSA Group) and Italy’s Fiat Chrysler Automobiles (FCA) received shareholder approval on Monday for the merger of the companies into a new entity, Kallanish reports. The companies held on 4 January special meetings for shareholders voting on their proposed merger first announced on 18 December, 2019. The merger was cleared by the European Commission on 21 December, 2020. Under the deal, PSA will be merged with and into FCA, whi…
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