FCA AND GROUPE PSA MERGER

Fiat Chrysler Automobiles N.V. (“FCA”) and Peugeot S.A. (“Groupe PSA”) have today signed a binding Combination Agreement providing for a 50/50 merger of their businesses to create the 4th largest global automotive OEM by volume and 3rd largest by revenue.  The combined company will have annual unit sales of 8.7 million vehicles, with revenues of nearly …