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French government: looking "reasonably favorably" on Renault/Fiat deal

The French government is looking "reasonably favorably" on a proposed merger deal between Italian carmaker Fiat and French peer Renault, said government spokeswoman Sibeth Ndiaye on Monday......»»

Category: topSource: reutersMay 27th, 2019

French state: we didn"t veto Renault-Fiat Chrysler deal

France's finance minister says the government didn't oppose a merger deal between carmaker Renault and Italian-American rival Fiat Chrysler......»»

Category: topSource: foxnewsJun 13th, 2019

Renault chief frustrated by French state over botched merger

Renault's chairman has expressed his frustration with the French government, a majority shareholder, which he says resisted a merger deal proposed by Fiat Chrysler......»»

Category: topSource: foxnewsJun 12th, 2019

French government engaged constructively in failed FCA-Renault deal: Le Maire

The French government met only three out of its four conditions to back Fiat Chrysler's (FCA) merger with Renault, having failed to win the support of Renault's partner Nissan, Finance Minister Bruno Le Maire said on Thursday......»»

Category: topSource: reutersJun 6th, 2019

French demands challenge FCA-Renault deal push

Talks on Fiat Chrysler's proposed merger with Renault became mired in politics on Monday, as France sought more concessions to maintain government influence over the new carmaker's management and French assets, sources told Reuters......»»

Category: topSource: reutersJun 3rd, 2019

France insists any Renault deal must protect French jobs

The French government says the country must protect its own interests and jobs in any merger between Renault and Fiat, even though France's stake in Renault would automatically be diluted. Francis Maguire reports......»»

Category: videoSource: reutersMay 28th, 2019

France announces 7 billion euros aid for Air France KLM, working on 5 billion for Renault

The French government will give a 7 billion euros ($7.6 billion) aid package for Air France KLM and is working on an aid deal of some 5 billion euros for carmaker Renault , French Finance Minister Bruno Le Maire told TF1 on Friday......»»

Category: topSource: reutersApr 24th, 2020

Peugeot Maker PSA Has French Backing for Fiat Deal

PSA Group has secured the backing of one of its major shareholders, the French government, for its plan to merge with Fiat Chrysler Automobiles NV, according to people familiar with the matter......»»

Category: topSource: moneycentralDec 16th, 2019

Renault/Fiat case "not closed", says French transport minister

Plans to merge carmakers Renault and Fiat Chrysler could re-emerge despite the breakdown of negotiations last week, France's transport minister said on Tuesday, joining a chorus of French officials hoping the deal could be revived......»»

Category: topSource: reutersJun 11th, 2019

Renault/Fiat case "is not closed": French Transport Minister

The situation regarding plans to merge Renault and Italian rival Fiat Chrsyler "is not closed", said France's transport minister, adding to a chorus of French ministers hoping that the deal could be revived......»»

Category: topSource: reutersJun 11th, 2019

Renault-FCA merger idea remains good opportunity: France"s Le Maire

The idea of a merger between Renault SA and Fiat Chrysler (FCA) remains a good opportunity, but nothing has changed in terms of the conditions the French government has set, French Finance Minister Bruno Le Maire said on Monday......»»

Category: topSource: reutersJun 10th, 2019

France did not come out well in FCA-Renault deal: Italy"s Di Maio

Italy's Industry Minister Luigi Di Maio blamed the French state for derailing merger talks between Fiat Chrysler and rival Renault saying Paris had come out poorly in the situation......»»

Category: topSource: reutersJun 7th, 2019

FCA-Renault merger collapse a blow for Goldman and its alumni network: sources

The collapse of merger talks between Fiat Chrysler Automobiles(FCA) and Renault marks a setback for a tight network of current and former Goldman Sachs' bankers who tried to convince the French political establishment to back the deal......»»

Category: topSource: reutersJun 6th, 2019

France would consider any Renault deal respecting its interests: minister

The French government is open to tie-ups involving Renault as long as French industrial interests are protected, Finance Minister Bruno Le Maire said on Thursday......»»

Category: topSource: reutersJun 6th, 2019

So Much for Fiat Chrysler and Renault: CEO Daily

Must-read business news, delivered every morning. Good morning from Paris. Fiat Chrysler said early this morning it was abandoning its merger proposal for Renault, and cited French politics as the reason. The French government reques.....»»

Category: europeSource: fortuneJun 6th, 2019

Fiat Chrysler withdraws Renault merger offer

Fiat Chrysler said it has abandoned its $35 billion merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal to create the world's third-biggest automaker. Ed Giles reports......»»

Category: videoSource: reutersJun 6th, 2019

France hopes "door not closed" on FCA/Renault deal: French budget minister

French budget minister Gerald Darmanin said he hoped the door had "not closed" on the possibility of a merger between Fiat Chrysler (FCA) and Renault and added France would be happy to re-examine any new proposal from Fiat......»»

Category: topSource: reutersJun 6th, 2019

Fiat Chrysler withdrawing Renault merger offer blamed on French government meddling

Fiat Chrysler has withdrawn an offer for a merger-of-equals with Groupe Renault, and people close to the negotiations between the two companies are pointing the finger at what they described as meddling by the French government......»»

Category: topSource: moneycentralJun 6th, 2019

France: Fiat Chrysler scrapped Renault merger plan too fast

A French government official says Fiat Chrysler is at fault for the collapse of a potential industry-changing merger with Renault because the carmaker pushed too hard and too fast......»»

Category: topSource: foxnewsJun 6th, 2019

Fiat Chrysler withdraws merger offer for Renault, blames French politics

Fiat Chrysler said on Wednesday it was withdrawing its $35 billion merger offer for Renault , blaming French politics for scuttling what would have been a landmark deal to create the world's third-biggest automaker......»»

Category: topSource: reutersJun 5th, 2019

It’s Not Up to Renault Anymore. Fiat Chrysler Just Withdrew Its Merger Offer

Fiat Chrysler blamed the French government's demands over jobs and gover.....»»

Category: europeSource: fortuneJun 5th, 2019