De Brauw is pleased to advise FCA Fiat Chrysler Automobiles N.V. alongside Sullivan & Cromwell LLP on its USD 50 billion 50/50 cross-border merger with Peugeot S.A., creating the world’s fourth largest automotive OEM with 8.7 million annual vehicle sales, and revenues of nearly 170 billion Euro.
The new group’s parent company will be a Dutch company to be listed in New York, Paris and Milan.
De Brauw lead partner Paul Cronheim: “Advising Fiat Chrysler Automobiles on this landmark cross-border merger transaction showcases our strength when it comes to cross-border M&A matters. Our in-depth knowledge of and extensive experience with international transactions and our integrated teams of specialists combining M&A, corporate governance, capital markets, tax and employment capabilities enabled us to add value on key topics such as the transaction structure and the governance system. We look forward to working with Fiat Chrysler and all others involved to complete this transaction.”
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