French finance minister says Peugeot-Fiat deal ‘correct data’ for France
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French finance minister says Peugeot-Fiat deal ‘correct data’ for France

FILE PHOTO: French Finance Minister Bruno Le Maire delivers a speech for the length of the Pledging Conference of the Inexperienced Climate Fund (GCF) for the First Replenishment in Paris, France, October 25, 2019. REUTERS/Pascal Rossignol

PARIS (Reuters) – French Finance Minister Bruno Le Maire gave his blessing to the merger between nationwide champion PSA and Italo-American carmaker Fiat-Chrysler, announcing the deal might perhaps perhaps perhaps perhaps be correct data for France and Europe but that he would preserve an peep on imaginable job cuts.

“This merger between Peugeot and Fiat can make the realm’s fourth-biggest car champion. It gives us valuable dimension to face the twin challenges of independent vehicles and electrical vehicles,” he told newshounds on the French finance ministry.

Le Maire did not verify the French yell would preserve a seat on the board of the merged entity when asked by a reporter.

Requested a pair of imaginable Dutch headquarters for the community, he said it used to be too early to notify the keep resolution companies might perhaps perhaps perhaps perhaps be positioned and that the French govt might perhaps perhaps perhaps perhaps be vigilant on the subject.

Reporting by Matthieu Protard; writing by Michel Rose; modifying by Geert De Clercq

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November 8, 2019

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