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Fiat Chrysler, PSA shareholders to vote on merger on January 4

Reuters
·1-min read
FILE PHOTO: A Fiat Chrysler Automobiles sign at the U.S. headquarters in Auburn Hills, Michigan

MILAN (Reuters) - Fiat Chrysler <FCHA.MI> and PSA <PEUP.PA> shareholders will meet on Jan. 4 to approve their planned merger and create Stellantis, the world's fourth biggest car maker, the two companies said on Wednesday.

In December, Italian American Fiat Chrysler (FCA) and French Peugeot maker PSA agreed to combine in a $38 billion all-share deal, uniting brands such as Fiat, Jeep, Dodge, Ram and Maserati with the likes of Peugeot, Opel, Citroen and DS.

The two companies have pledged to finalise the merger by the end of the first quarter of next year.

(Reporting by Maria Pia Quaglia, editing by Agnieszska Flak)