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M&A: Fiat and Peugeot Merger Close

Fiat and Peugeot, closer to merging: shares rising on the stock market

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This article was originally published by The Admiral Markets.

 The merger of Fiat Chrysler Automobiles (Fiat, Jeep, Dodge, Ram and Maserati) and the French PSA (Peugeot, DS Citroen and Opel) is getting closer and closer. Both companies announced yesterday the convening of a general meeting of shareholders on January 4 to give the green light to the creation of Stellantis, the new group resulting from the merger. Next Monday all the details of the content of the meeting will be known and what the shareholders of both companies will have to vote on that day.The group that will emerge from this alliance will become the world's fourth carmaker, behind only Volkswagen, Toyota and Renault-Nissan-Mitsubishi.The merger was agreed between Fiat and PSA almost a year ago, in December 2019, and is close to becoming a reality, something that has been celebrated by investors:
  • Fiat-Chrysler, which is listed on the New York Stock Exchange, closed yesterday with a rise of 3.83% to 15.44 dollars
  • Peugeot also enjoyed a bullish session with a rise of 2.35% to 19.65 euros on the Paris Stock Exchange
Today, Peugeot was on a moderate advance of 0.4% by mid-morning.daily cfd fiat chartSource: Admiral Markets MetaTrader 5. Daily CFD Fiat chart. Data range: from October 15, 2019, to November 20, 2020. Prepared on November 20, 2020, at 12 noon CET. Keep in mind that past returns do not guarantee future returns.In the graph, we can clearly see how Fiat has already recovered everything it lost in the February-March crash due to the arrival of the coronavirus pandemic in Europe, which has severely punished the automotive sector.In fact, so far this year the group has risen 5.11% in the stock market. In the past five years, it has only closed 2018 and 2016 with losses (-18.9% and -0.55%, respectively).Do you think that Fiat or Peugeot will maintain the rise in the long term or will it change trend soon? With Admiral Markets UK Ltd you can speculate on the movement of Fiat and Peugeot share prices both up and down through Contracts for Difference (CFDs). If you are ready to start, you have two options: open a free demo account with virtual money or open a real trading account by clicking on the following banner:Trade Forex & CFDs  NFORMATION ON ANALYTICAL MATERIALS:The data provided provides additional information on all analyzes, estimates, forecasts, forecasts, market reviews, weekly outlooks or other evaluations or similar information (hereinafter "Analysis") published on the Admiral Markets website. Before making any investment decisions, pay close attention to the following:1. This is a marketing communication. The content is posted for informational purposes only and should not be construed as investment advice or recommendation. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and is not subject to any prohibition on pre-dissemination of investment research.2. Each investment decision is made by each client alone, while Admiral Markets UK Ltd (Admiral Markets) will not be liable for any loss or damage arising from such a decision, whether based on content or not.3. In order to protect the interests of our clients and the objectivity of the Analysis, Admiral Markets has established relevant internal procedures for the prevention and management of conflicts of interest.4. The analysis is prepared by an independent analyst, Carolina Caro, SEO implementer (hereinafter "Author") based on personal estimates.5. While all reasonable efforts are made to ensure that all sources of content are reliable and that all information is presented, as much as possible, in an understandable, timely, accurate, and complete manner, Admiral Markets does not guarantee accuracy. or integrity of any information contained in the Analysis.6. Any past performance or modelling of the financial instruments indicated in the content should not be construed as an express or implied promise, guarantee, or implication of Admiral Markets for any future performance. The value of the financial instrument may rise and fall, and the preservation of the asset's value is not guaranteed.7. Leveraged products (including contracts for difference) are speculative in nature and may generate profit or loss. Before you start trading, make sure you fully understand the risks.

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