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FCA & Groupe PSA, Have Agreed To A 50/50 Merger: - 5th Gen Rams
Fiat Chrysler Automobiles N.V. (“FCA”) and Peugeot S.A. (“Groupe PSA”) have today signed a binding Combination Agreement providing for a 50/50 merger of their businesses to create the fourth-largest global automotive OEM by volume and third-largest by revenue. The proposed combination will be an industry leader with the management, capabilities, resources, and scale to successfully …