Sgt Beavis
Well-Known Member
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It’a looking more and more likely that FCA and Renault are going to merge. FCA has submitted a formal merger proposal today.
Fiat Crysler Automobiles NV proposed a merger with Renault SA to create the world’s third-biggest carmaker as manufacturers scramble for scale to tackle an expensive shift to electrification and autonomous driving.
The transaction would be structured as a 50-50 ownership through a Dutch holding company, Fiat said Monday. Renault shareholders, including the French government, would get an implied premium of about 10%. In a statement, Renault’s board said it would study what it called a “friendly” proposal.
https://www.bloomberg.com/news/arti...-proposes-plan-to-merge-with-france-s-renault
Fiat Crysler Automobiles NV proposed a merger with Renault SA to create the world’s third-biggest carmaker as manufacturers scramble for scale to tackle an expensive shift to electrification and autonomous driving.
The transaction would be structured as a 50-50 ownership through a Dutch holding company, Fiat said Monday. Renault shareholders, including the French government, would get an implied premium of about 10%. In a statement, Renault’s board said it would study what it called a “friendly” proposal.
https://www.bloomberg.com/news/arti...-proposes-plan-to-merge-with-france-s-renault
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