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PSA-Fiat Chrysler deal to close by end-March; won't be delayed by EU regulatory review, says Fiat's Manley

By Arezki Yaïche ( July 31, 2020, 14:59 GMT | Insight) -- PSA's planned merger with peer Fiat Chrysler is expected to be cleared as expected by the end of March 2021, Fiat Chrysler's chief executive Michael Manley said today. Echoing a view aired earlier this week by PSA's head Carlos Tavares, Manley said the ongoing in-depth EU merger review isn't expected to cause any delays. The companies are still also waiting for regulatory clearance in the US, Russia and Japan, among others.French carmaker PSA's planned combination with Italian-American peer Fiat Chrysler is expected to be cleared as expected by the end of March 2021, Fiat Chrysler's chief executive Michael Manley said today in an earnings call....

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