MILAN (Reuters) - Shareholders in Italian American carmaker Fiat Chrysler (FCA) on Monday approved a $52 billion plan to merge with Peugeot maker PSA to create Stellantis, the world's fourth largest automotive group.
Chairman John Elkann said 99.15% of FCA's shareholders attending a virtual meeting had voted in favour of the merger. That includes top investor EXOR, the holding company of Italy's Agnelli family, which controls 44.4% of FCA's voting rights thanks to a loyalty share scheme.
PSA's shareholders had also given their green light to the merger earlier on Monday.
(Reporting by Giulio Piovaccari; editing by Valentina Za)
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| 21.85 EUR | -4.21% | -1.09% | 76.63B | ||
| 18.5 EUR | -0.87% | +2.38% | 76.63B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| +11.51% | 57.07B | |
| +11.17% | 32.78B | |
| +37.39% | 28.77B | |
| +5.89% | 23.67B | |
| +9.54% | 16.7B | |
| +26.11% | 13.01B | |
| -13.14% | 13.3B | |
| +9.11% | 9.01B | |
| +43.10% | 8.75B |
EXOR N.V. 
