27
May
10:47
Fiat and Renault may merge
French carmaker Renault confirms to Kallanish it has received a proposal from Italian carmaker Fiat Chrysler Automobiles (FCA) regarding a potential merger transaction.
FCA has delivered a non-binding letter to the Board of Groupe Renault proposing a combination of their respective businesses as a 50/50 merger. The FCA proposal follows initial operational discussions between the two companies to identify products and geographies where they could collaborate.
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Anonymous
Very good overview of the weekly steel market.
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