FCA-PSA deal terms hinge on strength of recovery, Tavares says

PSA CEO Carlos Tavares speaks to an audience — PSA Group CEO Carlos Tavares (BLOOMBERG/Bloomberg)

By:

TARA PATEL and NEJRA CEHIC

By:

Bloomberg

July 28, 2020 07:15 PM

PSA Group CEO Carlos Tavares said the strength of recovery from the coronavirus pandemic will determine whether a planned combination with Fiat Chrysler Automobiles can move ahead under terms agreed to last year.

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