Fiat Chrysler offers Renault a merger, and the resulting car company will be the largest in the world

05-июл, 16;48 admin 1336
Fiat Chrysler (FCA) has made a merger offer to Renault, reports, referring to the FCA announcement. If this were to happen, this merger would create a world leader in the field of automakers.

According to Fiat Chrysler, the new company will be owned by shareholders of the two builders in equal proportions, 50% for FCA shareholders and 50% for Renault shareholders. The offer comes after a series of talks with Renault and is due to be discussed on Monday by the French Board of Directors.
The possible merger will create a car giant with a strong presence in the most important markets, resulting in an annual cost reduction of more than 5 billion euros. The brand portfolio will cover all the needs of the market. What the company would look like as a result of the Fiat Chrysler-Renault merger. The FCA says that in the event of a merger, the plants of any developer will not be closed.

Under the proposal, the two organizations would merge into a Dutch company listed on the stock exchange, and both parties would receive 50% of the shares. The combined value of the two companies will exceed 32 billion euros, according to current estimates for each Builder.