FCA To Merge With PSA

RobertRyan wrote:

If (and it I want to reiterate if again) this is the case, then FCA will be the one taking over since they lead PSA in net worth, net revenue, and total assets by tens of billions of dollars. So if the company with the most assets is generally the company that takes over as you say, then it would be FCA in this case.

Not sure what Americans being on the board has anything to do with it. There are many non-Americans on the board of American companies. A board member's loyalty lies with his company that employees him, not the country he was born in. It is in their best interest that the company is and stays profitable or the shareholders will vote him out.

No FCA will not be taking over anything. PSA has initiated this merger as FCA can see it will be desperate straits soon regarding BEV's. Taking or trying to takeover is not a very good idea in very constrained financial times for either party

Shinerbrock wrote:
However, there could be a PSA takeover, but they would have to pay billions for it since FCA brings more to the table. It could be that they paid for extra seats on the board and the CEO.

They are already or will be a merged company, so no reason for a .Takeover. I think everyone has not up to this point noticed that the whole exercise is a pretty European effort. Bulk of the brands involved in the merger are European, both CEO's are European a lot of the shareholders are global but the bulk European, Fiat and PSA now have the merged entity headquartered in the Netherlands, not the US. Only things left are that are American are RAM and Jeep. I doubt the Chrysler and Dodge nameplates are long for this world unless you put them on some current Fiat or PSA vehicle.
Just to add the " Europeaness" of this tie up. John Elkhann the FCA Chairman

DescriptionJohn Philip Jacob Elkann is an American-Italian industrialist. He was the chosen heir of his grandfather Gianni Agnelli, and chairs and controls the automaker Fiat Chrysler Automobiles, which has formerly represented

And I bet this all makes your American hating heart happy.