Renault's Board Of Directors Has Decided To Study With FCA The Potential 50/50 Merger
May 28, 2019 by RenaultBoulogne-Billancourt, May 28th, 2019 – Renault's Board of Directors met today to examine the proposal received from FCA (Fiat Chrysler Automobiles) regarding a potential 50/50 merger between Renault S.A. and FCA. After careful review of the terms of FCA's friendly proposal, the Board of Directors decided to study with interest the opportunity of such a business combination, comforting Groupe Renault's manufacturing footprint and creating additional value for the Alliance. A further communication will be issued in due course to inform the market of the results of these discussions, in accordance with applicable laws and regulations.
posted on conceptcarz.com
Recent Posts
- MotoAmerica And Road America Ink A Multi-Year Partnership Extension
- 1938 Talbot-Lago T150 C Lago Spéciale Teardrop Coupé Headlines a Roster of Early Consignments for the 2024 Broad Arrow Monterey Auction
- Renault Group and Geely announce the creation of leading Powertrain Technology Company, 'HORSE Powertrain Limited'
- SEAT S.A. achieves best sustainability results in its history and reduces the environmental impact of its facilities by 53% since 2010
- Chelsea Truck Company styling package for INEOS Grenadier