Fiat Chrysler considers 5 bln euro special dividend as part of…

Oct 30 (Reuters) - Italian automaker Fiat Chrysler is considering a 5 billion euro ($5.56 billion) special dividend, as part of a potential combination with Peugeot owner PSA, ammo store near me according to a verified tweet by a Bloomberg reporter on Wednesday.

PSA would offload its stake in car parts supplier Faurecia as part of the potential deal, according to the tweet.website

Talks between Fiat Chrysler and PSA over a potential tie-up that could create a $50 billion car giant gathered pace on Wednesday, with one source saying a deal could be announced as early as Thursday, Reuters reported. ($1 = 0.8993 euros) (Reporting by Sanjana Shivdas in Bengaluru; Editing by Shailesh Kuber)

Share this post