Fiat-PSA merger is good news for the car industry - France's FinMin

Peugeot Invest SA

18/12/2019 08:06

PARIS, Dec 18 (Reuters) - Fiat Chrysler (FCA)  FCHA.MI  and
Peugeot maker PSA  PEUP.PA  merger is good news for France,
Europe and also for the car industry, France's Finance Minister
Bruno Le Maire told Reuters on Wednesday.
    Le Maire also said the French government would continue to
ensure that conditions such as industrial footprint in France
are met on PSA and FCA deal.
     FCA and PSA had agreed on a binding merger in a $50 billion
deal that will pave the way to the creation of the world's
fourth-largest car maker.  urn:newsml:reuters.com:*:nL8N28S0TR

 (Reporting by Gwenaelle Barzic and Gilles Guillaume; Writing by
Matthieu Protard)
 ((matthieu.protard@thomsonreuters.com; +33-1-49495381;))