Fiat Chrysler PSA

PSA and Fiat Chrysler could merge by the end of the year, according to officials of both companies.

This was one of the most dramatic developments of the end of 2019: the announcement by PSA on one side and Fiat Chrysler on the other, a potential merger between the two companies. Advanced talks had thus been formalized at the end of October. And in the event of successful negotiations, this operation would create the world's fourth largest automaker.

In the next few weeks

A press release issued by Reuters now tells us that the merger agreement should be signed in the coming weeks, according to officials of each company.
Fifty people have also participated in this long process that could end before the passage in the year 2020.

Source: Reuters