Automakers

PSA is the buyer in FCA 50-50 merger

(Vincent Kessler/REUTERS)
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By:
Tommaso Ebhardt and Ania Nussbaum
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By:
Bloomberg
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October 31, 2019 02:58 PM

Fiat Chrysler Automobiles and PSA Group went out of their way to make their combination as equal as possible, shedding assets, paying special dividends and distributing board seats. It did not take long for investors to figure out who the buyer is.

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