Tuesday, 28 May 2019

Fiat Plans Merger With Renault in Latest Auto Industry Jolt

Fiat Plans Merger With Renault in Latest Auto Industry Jolt http://bit.ly/2VQOJmt May 27, 2019 at 07:04PM Yahoo News - Latest News & Headlines https://yhoo.it/27ryfmF

Fiat Plans Merger With Renault in Latest Auto Industry JoltThe 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%. The carmakers are moving ahead without Renault’s 20-year partner, Nissan Motor Co., and Mitsubishi Motors Corp., the other member of their troubled alliance.




from Yahoo News - Latest News & Headlines https://yhoo.it/2K4t6Nv
Yahoo News - Latest News & Headlines

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