Report
Jehanne Leroy
EUR 3000.00 For Business Accounts Only

Etude sur les enjeux financiers, environnementaux et de gouvernance de la proposition de fusion entre Peugeot SA et FiatChrysler Automobiles

Les actionnaires de PSA ont pris connaissance le 31 octobre 2019 avec intérêt du projet de fusion avec Fiat Chrysler Automobiles (FCA).  Si l’intérêt stratégique de cette fusion relève  de la compétence des organes de gouvernance de PSA, une telle fusion ne pourrait être mise en œuvre qu'après accord aux deux-tiers des actionnaires en assemblée générale. Certains réserves apparaissent toutefois devoir être exprimées sur les aspects financiers, environnementaux, sociaux et de gouvernance (ESG) avant que le projet ne paraisse réellement acceptable.  

Underlyings
Peugeot SA

Peugeot is an automobile manufacturer (cars and light commercial vehicles), supported by two brands: Peugeot and Citroen. Co.'s activities are divided into four main segments: Automobile (Co. designs, manufactures and markets passenger cars and light commercial vehicles under Peugeot and Citroen brands), Finance (Co. provides retail and wholesale financing to customers and dealer networks), Automotive equipment (Co. produces Interior Systems, Automotive Seating, Automotive Exteriors and Emissions Control Technologies) and Other businesses (Co. produces scooters).

Stellantis N.V.

Fiat Chrysler Automobiles is a holding company. Through its subsidiaries, Co. is an international automotive group engaged in designing, engineering, manufacturing, distributing and selling vehicles, components and production systems. Co. has operations in approx. 40 countries and sells its vehicles directly or through distributors and dealers in more than 140 countries. Co. designs, engineers, manufactures, distributes and sells vehicles for the mass market under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia and Ram brands and the SRT performance vehicle designation.

Provider
Proxinvest
Proxinvest

Founded in 1995, Proxinvest is an independent proxy firm supporting the engagement and proxy analysis processes of investors. Proxinvest mission is to analyse corporate governance practices and resolutions proposed at general meetings of listed firms.

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Analysts
Jehanne Leroy

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