FCA proposes 50:50 merger with Groupe Renault
Green Car Congress
MAY 27, 2019
Fiat Chrysler Automobiles N.V. delivered a non-binding letter to the Board of Groupe Renault proposing a combination of their respective businesses as a 50/50 merger. Groupe Renault also has a well-established and profitable financing business (RCI Banque). The combined business would sell approximately 8.7
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