|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||19.65 - 20.03|
|52-week range||8.88 - 23.11|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||9.48|
|Earnings date||24 Feb 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||24.75|
Top shareholders in merging carmakers Fiat Chrysler (FCA) and Peugeot maker PSA have moved to tighten their grip on the combined business and head off any potential hostile bidders. A prospectus for the deal, which will create the world's fourth-biggest automaker, showed on Friday there would be a loyalty scheme for long-term shareholders in the business, which will be called Stellantis. Investors that hold Stellantis stock uninterrupted for at least three years could be given extra voting shares.
Zacks.com featured highlights include: Delta Apparel, KBR, Peugeot, SYNNEX and Polymetal International
Fiat Chrysler Automobiles (NYSE: FCAU) and French automaker Peugeot (OTC: PUGOY), often called the PSA Group, will soon win European Union approval to merge, Reuters reported on Monday, citing people close to the matter. FCA and Peugeot first announced their plan to merge in late 2019. The all-stock deal will unite FCA's Fiat, Jeep, Dodge, Ram, Maserati, and Alfa Romeo brands with PSA's Peugeot, Opel, DS, and Citroen.