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In December, Italian-American car maker Fiat Chrysler (FCA) and 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 (OTC:PUGOY), Opel, Citroen and DS.
The companies said in the prospectus that each may terminate the tie-up agreement if the merger were not completed by June 30, 2021 due to a failure to obtain the necessary regulatory approvals.
