Deals

PSA, Fiat to Seal Merger After Winning Shareholder Approval

Investors voted Monday to create fourth-biggest carmaker
Stellantis to start trading in Paris and Milan on Jan. 18

The Fiat and PSA merger will form Stellantis.Photographer: Christopher Pike/Bloomberg

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By Tara Patel and Daniele Lepido

January 3, 2021 at 5:00 AM UTC

Updated on

January 4, 2021 at 5:17 PM UTC

This article is for subscribers only.

Fiat Chrysler Automobiles NV and PSA Group will complete their combination later this month after shareholders signed off on a deal that endured two years of extraordinary drama.

The merged company called Stellantis will become the world’s fourth-largest automaker on Jan. 16, then start trading two days later in Milan and Paris and the following day in New York, according to a statement Monday.