Fiat Chrysler, PSA merger Stellantis cleared to list on European exchanges


By UnreguserLi Jie
  • World
  • Saturday, 21 Nov 2020

ROME, Nov. 20 (Xinhua) -- Italian-American carmaker Fiat Chrysler and France's Peugeot announced Friday that the prospectus for Stellantis -- the company to be created by their merger -- had been approved by the financial markets regulator in the Netherlands, opening the door for Stellantis shares to be traded on European stock exchanges.

The development comes in the wake of an announcement that the final shareholder vote on the merger will take place on Jan. 4, 2021. Analysts said they expected the deal to be overwhelmingly approved.

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