Fiat Chrysler and Peugeot Maker Agree to $50 Billion Binding Merger

On Dec. 18, Fiat Chrysler Automobiles N.V. and Peugeot S.A. (also known as Groupe PSA), made automotive history by agreeing to a binding 50-50 merger of their businesses that’ll wind up becoming a massive $50 billion international car conglomerate (the third largest by revenue in the industry and the fourth largest by volume). The merged…

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