Deals
Plunging Peugeot Shows Who the Buyer Is in Merger of Equals
- Fiat Chrysler to get 5 billion euro premium in deal with PSA
- Fiat shares surge while Peugeot owner takes acquirer’s hit
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Fiat Chrysler Automobiles NV and PSA Group went out of their way to make their combination as equal as possible, shedding assets, paying special dividends and distributing board seats. It didn’t take long for investors to figure out who the buyer is.