Press Release: FCA Group and Groupe PSA

download-pdf
download-image
download-all
Wed, 13/05/2020 - 22:30


Rueil-Malmaison and London, 13 May 2020

 

The board of directors of Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA)  and the managing board of Peugeot S.A. (“Groupe PSA”) each today decided not to distribute an ordinary dividend in 2020 related to fiscal year 2019, in light of the impact from the current COVID-19 crisis.

 

FCA and Groupe PSA confirm that preparations for the 50/50 merger of their businesses announced in December 2019 are advancing well, including with respect to antitrust and other regulatory filings. Completion of the proposed combination is expected on schedule, before end of Q1 2021, subject to customary closing conditions.

 

 

For further information:

FCA

Groupe PSA

Tel.: +39 (011) 00 63088

Email: mediarelations@fcagroup.com

www.fcagroup.com

Pierre Olivier Salmon: +33 6 76 86 45 48

pierreolivier.salmon@mpsa.com

Karine Douet: +33 6 61 64 03 83

karine.douet@mpsa.com

 

Scroll