|Bid||68.50 x 0|
|Ask||69.56 x 0|
|Day's range||68.12 - 69.76|
|52-week range||45.45 - 72.52|
|Beta (5Y Monthly)||1.63|
|PE ratio (TTM)||5.34|
|Forward dividend & yield||0.43 (0.64%)|
|1y target est||N/A|
MILAN/PARIS, Oct 30 (Reuters) - The supervisory board of Peugeot maker PSA on Wednesday gave Chief Executive Carlos Tavares the go-ahead to pursue a $50 billion merger with Italy's Fiat Chrysler Automobiles NV, a source familiar with the matter said, moving the companies closer to a deal that could transform the global auto industry. Fiat Chrysler's board and the directors of Exor NV , the holding company of Italy's Agnelli family, are expected to meet later Wednesday, people familiar with the situation said.
Britain's biggest trade union Unite wants a meeting with management at French carmaker Peugeot over its possible tie-up with Fiat Chrysler, saying merger talks and uncertainty over Brexit are "deeply unsettling" for workers at British plants. Peugeot-owner PSA operates a southern English van factory in Luton and a car plant in Ellesmere port, near Liverpool, building vehicles badged under the Vauxhall brand in Britain and Opel on the rest of the continent.
MILAN/PARIS, Oct 30 (Reuters) - Talks between Fiat Chrysler and Peugeot owner PSA over a potential tie-up that could create a $50 billion car giant gathered pace on Wednesday, with one source saying a deal could be announced as early as Thursday. Under the proposed deal Fiat Chrysler would pay shareholders a 5.5 billion euro special dividend, people familiar with the discussions said. Peugeot would spin off its stake in auto parts maker Faurecia valued at around 3 billion euros while Fiat Chrysler could dispose of its stake in factory robot maker Comau valued at about 250 million euros, these people said.
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MILAN/DETROIT, July 31 (Reuters) - Automaker Fiat Chrysler took the market by surprise by sticking to its full-year profit guidance on Wednesday after a strong performance from its Ram pickup truck in North America helped it defy an industry slowdown. Chief Executive Mike Manley, in FCA's first earnings release since a failed attempt to merge with France's Renault, also left the door open to that or other deals. FCA last month abandoned its $35 billion merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal to create the world's third-biggest automaker.
The decision by Fiat Chrysler Automobiles (FCA) to move its financial and legal offices out of Italy has caused major damage to Italian tax revenues, the national competition watchdog said on Tuesday. In an annual report to parliament, Antitrust head Roberto Rustichelli complained about "the significant economic loss of state revenues" caused by FCA moving its fiscal headquarters to London and its parent Exor relocating its legal and tax office to the Netherlands. "Italy is one of the most penalised countries," from fiscal competition, Rustichelli said.
Exor N.V. (BIT:EXO) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of EXO, it is a company that has been...
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