Fiat Chrysler and Peugeot Owner Sign Merger In $50 Billion Deal

Peugeot announced a $50 billion merger, creating one of the largest automotive manufacturers with 400,000 employees and $190 billion in revenue. The merger, expected to complete in 12-15 months, aims to enhance their position in the auto industry, focusing on clean and sustainable mobility. No job losses or plant closures are anticipated.

What is the estimated value of the merger signed by Peugeot?

How many employees do the combined companies have?

What is the primary goal of the merger according to group PSA?

What is the anticipated timeline for the completion of the merger?

Where will the merged company be based?