Factbox: Fiat Chrysler, Peugeot tie-up: how does it work?
December 18, 2019FedEx shares fall as outlook cut spooks investors
December 18, 2019Long road ahead as Fiat Chrysler, Peugeot agree to $50 billion merger
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Fiat Chrysler and Peugeot maker PSA have struck a binding deal to create the world’s fourth biggest carmaker, and now face the challenge of winning over regulators and delivering on a pledge to slash costs without closing factories.
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