Latest Fiat Chrysler Automobiles News
May 20, 2021
Details Latest In-House Deal 5: Bank of China Deputy Head of Corporate Banking Lucy Shen on Photovoltaic Power Plant Financing in Hungary Details Details 20 May 2021 Default Helvetica Segoe Georgia Times Share This Sayenko Kharenko has helped Fiat Chrysler Automobiles N.V. obtain the approval of the Antimonopoly Committee of Ukraine for its merger with Peugeot S.A.. According to Sayenko Kharenko, the merger created the world’s fourth-largest automobile manufacturer by volume, with annual sales of 8.7 million units and combined revenues of nearly EUR 170 billion. According to Sayenko Kharenko, the merger between FCA and Groupe PSA became effective on January 16, 2021, creating Stellantis N.V., which will be an “industry leader with the management, capabilities, resources, and scale to successfully capitalize on the opportunities presented by the new era in sustainable mobility." According to the firm, "the combined entity will have a balanced and profitable global presence with a highly complementary and iconic brand portfolio covering all key vehicle segments from luxury, premium, and mainstream passenger cars through to SUVs and trucks & light commercial vehicles.” Sayenko Kharenko’s team was led by Partner Valentyna Hvozd and included Senior Associate Igor Pomaz and Associate Kateryna Novodvorska.