broke The billion-dollar merger of carmakers Fiat and Chrysler, and Renault. The reason for the turnaround was the delaying tactic in France. The state holds a 15 percent share of Renault.
Fiat Chrysler has withdrawn its multi-billion dollar Takeover bid for Renault. From circles of the French carmaker said, due to the attempt of France to postpone a decision on the merger is.
Renault announced that its Board of Directors have no decision on Fiat’s offer of 27. May be able to meet. The reason is the request of the French representatives to postpone the vote to a later time. An Insider said, France didn’t want to move the 30 billion Euro merger to lead discussions with Nissan and the government in Tokyo.
on Wednesdays, was reported from circles of France and Fiat had agreed on the preliminary conditions for the merger. The French state holds 15 percent of Renault.
Fiat Chrysler and Renault merger, 27.05.2019 news Atlas France |Paris
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