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Monday, May 27, 2019

Ball in Renault's court after Fiat Chrysler proposes merger

Renault logo and Fiat Chrysler Automobiles logoFiat Chrysler Automobiles on Monday submitted a shock proposal to French automaker Renault for a 50/50 merger. Both automakers would have equal representation on the board of directors of the merged entity and half the shares would be split among FCA's current shareholders and the other half among the shareholders of Renault. The shares would be...

from High Gear Media Network Feed http://bit.ly/30LgHnr

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