France closely monitoring talks between PSA and Fiat Chrysler - finance ministry source

information fournie par Reuters •30/10/2019 à 12:06

    PARIS, 30 octobre (Reuters) - France is closely monitoring
merger discussions between French carmaker PSA Peugeot Citroen
 PEUP.PA  and Fiat Chrysler  FCHA.MI , with special attention
given to governance matters, a French financy ministry source
told Reuters on Wednesday.
    France wants to ensure state bank BPIFrance's interests are
preserved in PSA, and will urge the new group to commit to a
pan-European battery consortium, the source added.
    Fiat Chrysler and PSA said earlier they were in talks over a
potential tie-up that could create a $50 billion giant better
placed to tackle a host of costly technological and regulatory
challenges facing the global auto industry.  

 (Reporting by Gwenaelle Barzic; Writing by Benoit Van
Overstraeten; Editing by Dominique Vidalon)