Fiat Chrysler/Peugeot deal in spotlight after Exor setbacks

MILAN (Reuters) - Fiat Chrysler's decision to scrap its dividend marks another setback for plans by the Agnelli family's Exor arm to raise cash after a $9 billion(7.37 billion pounds) sale of its reinsurer unit PartnerRe collapsed this week.Fiat Chrysler (FCA) and French Peugeot owner PSA , which have agreed a tie-up to create the world's fourth largest carmaker, said late on Wednesday they were both withdrawing their annual dividend. That will allow them each to preserve 1.1 billion euros..