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Podcast: BFM
Episode:

M&A Is In The Air For Automakers

Category: Business
Duration: 00:05:39
Publish Date: 2019-03-27 06:25:00
Description:

France’s Renault intends to restart merger talks with Japan’s Nissan Motor within 12 months, as well as a possible bid to buy Fiat Chrysler Automobiles. Fiat Chrysler is seeking a partnership or merger including Peugeot-maker PSA Group of France.

The plans signal a return to the strategies supported by former Nissan boss Carlos Ghosn who was ousted as Nissan chair and arrested in Tokyo on financial misconduct charges of under-reporting his salary

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