FCA withdraws partnership offer to Groupe Renault

Posted on 06. Jun, 2019 by in Chrysler Canada

June 5, 2019

, London

IMPORTANT NOTICE
 
By reading a following release, we determine to be firm by a following stipulations and qualifications: This press recover is for informational functions usually and is not dictated to and does not consecrate an offer or invitation to sell or sell or questionnaire of an offer to allow for or buy, or an invitation to exchange, squeeze or allow for, any securities, any partial of a business or resources described herein, or any other interests or a questionnaire of any opinion or capitulation in any office in tie with a due transaction or otherwise, nor shall there be any sale, distribution or send of bonds in any office in transgression of germane law. This press recover should not be construed in any demeanour as a recommendation to any reader of this press release.
 
This press recover is not a prospectus, product avowal matter or other charity request for a functions of Directive 2003/71/EC of a European Parliament and a Council of Nov 4th, 2003, as amended, in particular, by Directive 2010/73/EC of a European Parliament and a Council of Nov 24th, 2010, as nice and as implemented in any member State of a European Economic Area and underneath French and Dutch law.
 
An offer of bonds in a United States pursuant to a business multiple transaction will usually be made, as might be required, by a handbill that is partial of an effective registration matter filed with a US Securities and Exchange Commission.  You might obtain copies of all papers filed with a SEC per a due transaction, papers incorporated by reference, and FCA’s SEC filings during a SEC’s website during http://www.sec.gov.

 
The Board of Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA), assembly this dusk underneath a Chairmanship of John Elkann, has resolved to repel with evident outcome a partnership offer done to Groupe Renault.

FCA stays resolutely assured of a compelling, transformational motive of a offer that has been widely appreciated given it was submitted, a structure and terms of that were delicately offset to broach estimable advantages to all parties. However it has turn transparent that a domestic conditions in France do not now exist for such a multiple to ensue successfully.

FCA expresses a frank interjection to Groupe Renault, in sold to a Chairman and a Chief Executive Officer, and also to a Alliance partners during Nissan Motor Company and Mitsubishi Motors Corporation, for their constructive rendezvous on all aspects of FCA’s proposal.

FCA will continue to broach on a commitments by a doing of a eccentric strategy.
 
Media:
 
FCA
Niel Golightly, niel.golightly@fcagroup.com, +1 248 933-6285
Shawn Morgan, shawn.morgan@fcagroup.com, +1 248 512-2692
Andrea Pallard, andrea.pallard@fcagroup.com,+39 0110030675
Fernao Silveira, fernao.silveira@fcagroup.com, +55 11 4949-3901
 
United Kingdom
Gelso Consulting
Richard Holloway + 44 7342 023 763
richard.holloway@gelso.co.uk
Laura Gilbert + 44 7799 413 351
laura.gilbert@gelso.co.uk
Andrew Garfield +44 7974982337
andrew.garfield@gelso.co.uk
 
United States
Sard Verbinnen Co
Robert Rendine, Kelsey Markovich
+1 212 687 8080
fca@sardverb.com

Italy
Community, Strategic Communications Advisers
Auro Palomba, Marco Rubino
+39 02 89404231
fca@communitygroup.it
 
France
Image 7
Anne-France Malrieu, Simon Zaks
+33 1 53 70 74 95
fca@image7.fr
 
Japan
Ashton Consulting
Dan Underwood, Daniel Fath
+81 3 5425-7220
fca@ashton.jp
 
Investors:
 
FCA
Joe Veltri
Vice President, Investor Relations
Tel: +1 248 576 9257?
investor.relations@fcagroup.com
 
 
FORWARD-LOOKING STATEMENTS
 

This press recover contains forward-looking statements. These statements are formed on a FCA Group’s stream expectations and projections about destiny events and, by their nature, are theme to fundamental risks and uncertainties. They describe to events and count on resources that might or might not start or exist in a destiny and, as such, undue faith should not be placed on them. Actual formula might differ materially from those voiced in such statements as a outcome of a accumulation of factors, including: sensitivity and decrease of collateral and financial markets, changes in commodity prices, changes in ubiquitous mercantile conditions, mercantile expansion and other changes in business conditions, weather, floods, earthquakes or other healthy disasters, changes in supervision regulation, prolongation difficulties, including ability and supply constraints, uncertainties as to either a due business multiple will be concluded or done or as to a timing thereof as good as a fulfilment of a expected synergies therefrom, and many other risks and uncertainties, many of that are outward of a FCA Group’s control. 
 
FCA and a affiliates, directors, advisors, employees and representatives, specifically dissent any guilt whatsoever for such forward-looking statements.
 
Forward-looking statements pronounce usually as of a date they are made. FCA does not assume any requirement to refurbish any open information or forward-looking matter in this communication to simulate new information, destiny events or resources or for any other reason after a date of this communication, solely as might be compulsory by germane laws, and any opinion voiced in this press recover is theme to change but notice. FCA shall not have any requirement to scold any inaccuracies therein or omissions therefrom that might turn apparent.

 
About FCA N.V.
Fiat Chrysler Automobiles (FCA) is a tellurian automaker that designs, engineers, manufactures and sells vehicles in a portfolio of sparkling brands, including Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep®, Lancia, Ram and Maserati. It also sells tools and services underneath a Mopar name and operates in a components and prolongation systems sectors underneath a Comau and Teksid brands. FCA employs scarcely 200,000 people around a globe. For some-more information per FCA, greatfully visit www.fcagroup.com.   

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