Stellantis CEO Carlos Tavares
The world's fourth largest automaker officially came into existence today.
What Happened: The $52 billion merger between Peugeot S.A. and Fiat Chrysler Automobiles NV (NYSE: FCAU), which took a year to finalize because of the COVID-19 disruption, was formally completed this morning.
The new company is called Stellantis NV, and shares will begin trading on Monday on the Euronext exchnage in Paris and the Mercato Telematico Azionario in Milan, followed by the New York Stock Exchange on Tuesday. Its ticker symbol on all …