Fiat Chrysler, PSA in merger talks, reports say

Fiat Chrysler, PSA in merger talks, reports say

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PSA CEO Carlos Tavares would lead the combined company as CEO, while FCA Chairman John Elkann would assume the same role at the new company, The Wall Street Journal reported, citing people familiar with the matter. PSA’s board is holding an extraordinary meeting on Wednesday, Bloomberg reported, citing sources.

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