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Final Point in FCA and PCA Merger

The final point has been reached in the merger of FCA and PCA. The merger of Fiat Chrysler Automobiles (FCA) and the PSA Group entered into force.

Final Point in FCA and PCA Merger
Yazar: Eylem Özer

Yayınlanma: 16 Ocak 2021 19:40

Güncellenme: 22 Kasım 2024 04:44

Final Point in FCA and PCA Merger

The final point has been reached in the merger of FCA and PCA. The merger of Fiat Chrysler Automobiles (FCA) and the PSA Group entered into force. In the joint statement of the groups, the merger, which is the first step for the establishment of the new company Stellantis, entered into force today. According to the statement, as reported in the previous process, Stellantis stocks will be on the Euronext in Paris and Mercato Telematico Azionario in Milan on Monday, January 18; It will start trading on the New York Stock Exchange on Tuesday, January 19 with the code STLA. In addition, according to estimates, the new company Stellantis is thought to be the world's fourth largest automaker with an annual production of 8.7 million vehicles and a turnover of approximately 170 billion euros. FCA, is represented with brands like Fiat, Chrysler, Jeep, Maserati, Ferrari and Alfa Romeo and the PSA Group is represented by Peugeot, Citroen, DS and Opel in Turkey,.
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