PSA calls supervisory board meeting for Tuesday - sources

PARIS (Reuters) - French carmaker PSA , which plans to merge with Fiat Chrysler to create the world's fourth-largest automaker, has called a called meeting of its supervisory board for Tuesday, two sources familiar with the situation told Reuters on Thursday.

Reuters December 13, 2019 02:08:36 IST
PSA calls supervisory board meeting for Tuesday - sources

PSA calls supervisory board meeting for Tuesday  sources

PARIS (Reuters) - French carmaker PSA , which plans to merge with Fiat Chrysler to create the world's fourth-largest automaker, has called a called meeting of its supervisory board for Tuesday, two sources familiar with the situation told Reuters on Thursday.

The sources said a planned Memorandum of Understanding between the two groups could be presented to the PSA board at that meeting, but all details were not yet finalized and discussions were still ongoing, one source said.

A PSA spokesman declined to comment.

(Reporting by Gilles Guillaume; writing by Geert De Clercq; editing by Jonathan Oatis)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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