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PSA trade unions give the nod to merger with Fiat

Credit: REUTERS/Regis Duvignau

November 19, 2019 — 06:03 am EST

Written by Reuters ->

PARIS, Nov 19 (Reuters) - The majority of unions representing workers at Peugeot maker PSA PEUP.PA are in favour of a planned merger with Fiat Chrysler FCHA.MI, PSA executives and union representatives said.

However, the unions said that once the merger deal was signed, they would be seeking detailed information about the plans for the combined company.

(Reporting by Gilles Gillaume; Writing by Christian Lowe; Editing by Sudip Kar-Gupta)

((christian.lowe@thomsonreuters.com; +33 1 49 49 52 07;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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