Fiat Chrysler shareholders approve merger with PSA to create Stellantis

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Chairman John Elkann said 99.15% of FCA’s shareholders attending a virtual meeting had voted in favour of the merger. That includes top investor EXOR, the holding company of Italy’s Agnelli family, which controls 44.4% of FCA’s voting rights thanks to a loyalty share scheme.

PSA’s shareholders had also given their green light to the merger earlier on Monday.

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