Stellantis shareholders will decide on the distribution of the shares and up to 308 million euros raised from a previous equity sale in Faurecia, in a meeting on March 8, the group said in a statement.
The stake in Faurecia was previously held by the former PSA, which merged with Fiat Chrysler earlier this year to create Stellantis, the world’s fourth largest car maker.PSA initially held a 46% stake in Faurecia, but last year it said it sold a 7% stake, keeping the 308 million euros cash it raised for distribution to Stellantis shareholders after the merger completion.Our Standards:
He has proven that he's genuine, and i can trust him with my last dime that's what i want for you all as well invest with kellybrian_ 🙏🏻🙏🏻,
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stellantis does not rule out M&A operations but now focusing on itself: CEOStellantis Chief Executive said he did not rule out extraordinary operations for the company although the car maker is now focused on itself, speaking in an interview published on Thursday. Why was Trump banned? never thought i'd ever see someone with a minecraft head irl Totally normal head shape on this guy
Source: Reuters - 🏆 2. / 97 Read more »
Stellantis guides for income margin of 5.5% - 7.5%Stellantis NV said Wednesday that it expects an adjusted operating income margin of between 5.5% and 7.5% for 2021, its first year as a newly combined auto...
Source: MarketWatch - 🏆 3. / 97 Read more »
Alfa Romeo and Lancia brands to enjoy stronger investments under Stellantis: ElkannFormer Fiat Chrysler premium car brands Alfa Romeo and Lancia will enjoy stronger investments under Stellantis, the new automaker formed from the merger with France's PSA, Stellantis Chairman John Elkann said in a TV interview. Long overdue :) 😍🚘😍 More good news please((( Greatest trader of all time Jasonsallm_ I never believe it until I experience it. For a start I deposited a little capital to test the water, in 1 week I got a return.....her diligence and honesty is undeniable Jasonsallm_
Source: Reuters - 🏆 2. / 97 Read more »
Stellantis pickups hit, Ford cuts production due to global chip shortageThe impact of the global semiconductor shortage on the auto industry spread on Saturday, as Stellantis warned its highly profitable pickup trucks were hit, while Ford Motor Co said it would cut more U.S. production. Meanwhile Toyota assumed car sales would return, stockpiled chips, and has no shortages. It's called management.
Source: Reuters - 🏆 2. / 97 Read more »
Jeep, Dodge maker Stellantis temporarily closing five North American plants due to chip shortageThe plants build an array of products for the company – from older Ram 1500 pickup trucks and Jeeps to minivans and Dodge and Chrysler cars. Semi stonks going up
Source: CNBC - 🏆 12. / 72 Read more »