Factbox: The road to Fiat Chrysler, Renault merger talks
American-Italian carmaker Fiat Chrysler has made an all share merger proposal to French rival Renault as part of a new wave of auto industry consolidation.
China says disputes with U.S. should be resolved via talks
China’s Foreign Ministry said on Monday that any disputes between China and the United States should be resolved through talks.
Fiat Chrysler puts merger offer to Renault board
Fiat Chrysler has made a “transformative” merger proposal to Renault, the Italian-American carmaker said, in a deal that would create a new third-ranked global manufacturer.
PSA shares fall as Fiat proposes merger to rival Renault
Peugeot-maker PSA’s shares fell on Monday, which some analysts put down to the fact that Fiat had chosen to seek a merger with Renault rather than PSA.
Nasdaq withdraws bid for Oslo Bors, handing prize to Euronext
Nasdaq withdrew its bid on Monday to takeover Norwegian stock market operator Oslo Bors VPS, leaving pan-European competitor Euronext as the sole bidder.
DNB says it has not decided whether to sell Oslo Bors stake to Euronext
Norway’s DNB will meet with Euronext before deciding whether to sell its 20% stake in Oslo Bors VPS to the pan-European stock market operator, the bank said on Monday.
Renault and Fiat’s shares jump higher on merger proposal
Shares in both Fiat and Renault surged higher on Monday, as analysts welcomed a proposed merger between the two carmakers.
French government: looking ‘reasonably favorably’ on Renault/Fiat deal
The French government is looking “reasonably favorably” on a proposed merger deal between Italian carmaker Fiat and French peer Renault, said government spokeswoman Sibeth Ndiaye on Monday.
Asia shares come off four-month low, euro steady after fragmented EU vote
Asia stocks inched up but remained near four-month lows on Monday amid concerns about U.S.-China tensions while the euro stayed in a narrow range after the weekend’s European Parliament elections.
Fiat Chrysler makes merger offer to Renault
Fiat Chrysler has made a “transformative” all-share merger proposal to French rival Renault, the Italian-American carmaker said on Monday, in a deal to create a new third-ranked global manufacturer.