17-12-2019 15:15 via autoblog.com

Fiat Chrysler and Peugeot boards meet to finalize merger

Filed under:Chrysler,Dodge,Fiat,Jeep,RAM,Citroen,PeugeotMILAN/PARIS (Reuters) - The boards of Fiat Chrysler Automobiles NVand Peugeot SAwill meet separately on Tuesday to discuss finalising an initial agreement for a $50 billion merger to create the world's number four carmaker, sources said.A source close to FCA said the two companies could announce the signing of a binding memorandum early on Wednesday, followed by a conference call to explain further details later in the day.Ahead of the meet
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