Fiat Chrysler Automobiles: The merger agreement between PSA and FCA could be signed before Christmas – La Stampa | – Zonebourse.com

PARIS (Agefi-Dow Jones) – PSA and FCA automakers are hoping to sign their merger agreement within a month, according to La Stampa.

The Italian daily said this weekend on its website that the teams of two car manufacturers will work as of Monday to finalize the memorandum of understanding, the memorandum of understanding, to make their union sacred.

"The most optimistic are going so far as to say that an agreement, in every detail, can be reached within a month, more or less around the feast of the Immaculate Conception, on December 8," says La Stampa. "The goal is to be able to slide the merger agreement, orn of all the signatures, under the Christmas tree," the newspaper adds.

Contact by the agency Agefi-Dow Jones, a spokesman for PSA did not wish to comment on this information.

At 10:50 am, PSA shares gained 4.2% at the Paris Bourse, 24.35 euros, and the FCA title, cot Milan, rose by 3.8%, 14.55 euros.

-Dimitri Delmond, Agefi-Dow Jones; +33 (0) 1 41 27 47 31; ddelmond@agefi.fr ed: VLV

Website: https://www.lastampa.it/economia/2019/11/02/news/fca-psa-manley-e-tavares-stringono-i-tempi-per-l-accordo-entro-natale-1.37820932

Agefi-Dow Jones The financial newswire

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