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

Fiat Chrysler Automobiles NV abruptly withdrew its offer to combine with Renault SA after the French carmaker’s board–on the brink of approving the deal–postponed a decision for a second time in as many days. Renault’s board ended an hours-long meeting early Thursday without a vote after its most important shareholder, the French state, requested deliberations […]

Renault Slows Its Roll Toward Merger With Fiat Chrysler

Renault’s board postponed a decision on Fiat Chrysler Automobiles’ proposed merger, extending discussions for a second day after its partner Nissan Motor put up resistance to the deal. Directors of the French automaker “decided to continue to study with interest the opportunity of such a combination and to extend the discussions,” Renault’s board said Tuesday […]