Combined market value “PSA & Fiat Chrysler”: 50 billion USD
PSA and Fiat Chrysler have officially announced that they want to merge. This should, according to car companies, “become a world leader in an era of sustainable mobility”. There have been rumors for some time that the two had reached an agreement.
The French PSA and the Italian-American Fiat Chrysler Automobiles each receive half of the shares in the merged company that has its head office in the Netherlands. Fiat Chrysler already has a Dutch headquarters. If the merger continues, car brands Peugeot, Citroën, DS and Opel from PSA and Fiat, Chrysler and Jeep will come under one roof.
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The merged company would be worth about $ 49 billion and become the fourth automaker in the world. Only Volkswagen, Toyota and the Renault Nissan combination are even larger.
50 billion market value for such a big group of old big car companies.
while a new start up company in mobile biz like Xiaomi already is valued over 50 billion usd in 2018.