FILE PHOTO: FCA Chairman John Elkann speaks throughout an occasion on the Bocconi College in Milan, Italy Might 27, 2019. REUTERS/Alessandro Garofalo
TURIN, Italy (Reuters) – Italian carmaker Fiat Chrysler (FCHA.MI) will be capable to “seize nice alternatives” from a merger with Peugeot proprietor PSA (PEUP.PA), its chairman John Elkann stated on Friday.
The 2 automakers are planning to affix forces in a 50-50 share merger to create the world’s fourth-largest automaker.
Answering a query on the merger being already a accomplished deal, Elkann stated a very long time can move between the announcement of a merger and getting it over the road.