Fiat Chrysler and Peugeot expected to sign binding merger deal as soon as early-December: source
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MILAN (Reuters) - Fiat Chrysler and Peugeot owner PSA aim to sign a final merger agreement as early as the beginning of next month, a source familiar with the matter said on Saturday.The two automakers said earlier this week they planned to join forces in a 50-50 share merger to create the world's fourth-largest automaker, seeking scale to cope with costly new technologies and slowing global demand.They said they aimed to reach a binding deal on the $50 billion merger "in the coming weeks".The..