10-06-2020 21:10 via uk.finance.yahoo.com

Fiat, PSA face EU antitrust probe over $50 billion merger - sources

Fiat Chryslerand Peugeot maker PSAface a lengthy EU antitrust investigation after declining to offer concessions to allay EU antitrust concerns about their planned $50 billion (39.21 billion pounds) merger, people familiar with the matter said on Wednesday.The EU competition enforcer, Fiat Chrysler and PSA declined to comment.
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