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In 'merger of equals,' PSA is buying FCA, Stellantis prospectus says

(Christopher Pike/Bloomberg)
November 24, 2020 11:22 AM

The merger between Fiat Chrysler Automobiles and PSA Group to create Stellantis is being called a merger of equals by the two companies, but recently-filed documents confirm what many analysts have believed since the deal was announced last year: The combination is actually an acquisition of FCA by PSA, at least for accounting purposes.

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