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Fca-Psa, memorandum signing pending

2019-12-16T18:52:59.621Z


The signing of the memorandum of understanding between FCA and PSA should be announced on Wednesday. This is what is learned from French sources. (HANDLE)


(ANSA) - TURIN, DECEMBER 16 - The signing of the memorandum of understanding between Fca and Psa should be announced on Wednesday. This is what is learned from French sources. Many details of the operation, which will lead to the creation of the world's four-part manufacturer with 8.7 million cars sold, are known.
The new company will be jointly owned (50% FCA and 50% Psa), will be based in the Netherlands and will be listed in Milan, Paris and Wall Street. It will be guided by Carlos Tavares, ad, and John Elkann, president.

Source: ansa

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