Brian W + 78 BW May 27, 2019 Fiat Chrysler is seeking a merger with Renault that is valued at more than $35 billion. Fiat is reportedly proposing an all-share “merger of equals” in which a 2.5-billion euro dividend would first be paid to current Fiat shareholders, after which investors in each company would receive half of the final institution. But analysts also warned of big complications, including Renault’s existing alliance with Nissan, the French state’s role as Renault’s largest shareholder and potential opposition from politicians and workers to any cutbacks. https://www.reuters.com/article/us-fiat-chrysler-renault/fiat-chrysler-seeks-renault-merger-to-meet-auto-challenges-idUSKCN1SX0DI 1 Quote Share this post Link to post Share on other sites
Adam Varga + 123 AV May 27, 2019 Fiat with Chrysler parts and Nissan CVT would end badly. 1 Quote Share this post Link to post Share on other sites
Vlad Kovalenko + 115 VK May 27, 2019 Well, at least they can hold hands now while diving deeper into debt. Quote Share this post Link to post Share on other sites
BlackTortoise + 103 CM May 27, 2019 A merger of equals? Where have I heard that before? A merger of equal with Daimler didn't end up good for Chrysler. 1 Quote Share this post Link to post Share on other sites
Brian W + 78 BW May 27, 2019 That was never really a merger of equals. Daimler bought Chrysler but given the brand and political sensitivities, they pitched it as a merger of equals publicly. Daimler sold off Chrysler to a private equity firm at a loss a few years later, which made pretty clear which brand was more equal than the other. Quote Share this post Link to post Share on other sites