Fiat Chrysler Reshapes Auto Industry with Peugeot Merger, Stock Rises
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The merger between Fiat Chrysler and PSA Group will create a $50 billion entity. The resulting entity will be the fourth-largest carmaker on earth. The French government, which owns a stake in PSA Group, has not raised any objections to the merger. Shares of Fiat Chrysler Automobiles NV (NYSE: FCAU) surged by nearly 5% in […]
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