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PEUGEOT SA

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Peugeot, Fiat Chrysler Shareholders Approve Merger -- Update

01/04/2021 | 09:52am EDT

By Kim Richters

Shareholders in Peugeot SA and Fiat Chrysler Automobiles NV on Monday approved the car makers' merger.

At Peugeot's extraordinary general meeting concerning the auto makers' planned tie-up--which will lead to the creation of combined company Stellantis--more than 99% of the votes approved the resolutions for the combination.

As for Fiat Chrysler, a company meeting also saw more than 99% of votes cast in favor of the merger.

France's Peugeot and Italian-American Fiat Chrysler expect to complete the merger early this year.

Write to Kim Richters at kim.richters@wsj.com

(END) Dow Jones Newswires

01-04-21 0951ET

Stocks mentioned in the article
ChangeLast1st jan.
PEUGEOT SA -4.21% 21.85 End-of-day quote.-2.32%
STELLANTIS N.V. 3.75% 17.484 Real-time Quote.0.00%
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Analyst Recommendations on PEUGEOT SA
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Financials
Sales 2021 152 B 176 B 176 B
Net income 2021 10 264 M 11 907 M 11 907 M
Net cash 2021 13 974 M 16 211 M 16 211 M
P/E ratio 2021 5,20x
Yield 2021 5,27%
Capitalization 54 868 M 63 718 M 63 651 M
EV / Sales 2021 0,27x
EV / Sales 2022 0,22x
Nbr of Employees 204 000
Free-Float 64,7%
Chart PEUGEOT SA
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Peugeot SA Technical Analysis Chart | MarketScreener
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 22
Last Close Price 17,51 €
Average target price 22,83 €
Spread / Average Target 30,4%
EPS Revisions
Managers and Directors
Carlos Tavares Chief Executive Officer & Executive Director
Richard Keith Palmer Chief Financial Officer
John Jacob Philip Elkann Chairman
Harald J. Wester Chief Engineering Officer
Ned Curic Chief Technology Officer
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