• TUI shareholders approve capital restructuring

    TUI shareholders approve capital restructuring0

    Outbreak of the coronavirus disease (COVID-19) in Stoke-on-Trent BERLIN (Reuters) – Shareholders in TUI Group, the world’s biggest holiday company, on Tuesday approved a capital restructuring that includes a capital increase to pay down new debt taken on to help it survive the coronavirus pandemic. In early December, TUI secured a multi billion-euro bailout with

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  • TUI Shareholders Approve Capital Restructuring | Investing News

    TUI Shareholders Approve Capital Restructuring | Investing News0

    FILE PHOTO: TUI logo is seen at the TUI travel center following the coronavirus disease (COVID-19) outbreak, in Hanley, Stoke-on-Trent, Britain, July 28, 2020. REUTERS/Carl RecineReuters BERLIN (Reuters) – Shareholders in TUI Group, the world’s biggest holiday company, on Tuesday approved a capital restructuring that includes a capital increase to pay down new debt taken

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  • Peugeot shareholders say yes to merger with Fiat Chrysler

    Peugeot shareholders say yes to merger with Fiat Chrysler0

    Rafael Henrique/SOPA Images/LightRocket via Getty Images For the past few years, Fiat Chrysler Automobiles has been looking to get married. After its advances were spurned by the likes of General Motors and Volkswagen, a merger with France’s Renault looked possible, until FCA boss Sergio Marchionne died in 2018. Then, in October, news arrived that FCA had found

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  • Fiat Chrysler, Peugeot shareholders approve merger

    Fiat Chrysler, Peugeot shareholders approve merger0

    “We are living through a profound era of change in our industry,’’ said Elkann, heir to the Fiat-founding Agnelli family and Fiat Chrysler’s biggest shareholder. “We believe that the coming decade will redefine mobility as we know it.” While the tie-up is billed as a merger of equals, the power advantage goes to PSA, with

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  • Fiat Chrysler, Peugeot shareholders approve merger

    Fiat Chrysler, Peugeot shareholders approve merger0

    MILAN (AP) — Shareholders of Fiat Chrysler and PSA Peugeot voted Monday to merge and create the world’s fourth-largest auto company which, its architects hope, can more readily take on an enormous technological shift in the industry. Addressing separate meetings, PSA Peugeot CEO Carlos Tavares and Fiat Chrysler Chairman John Elkann spoke of the “historic”

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  • Peugeot shareholders approved a $52 billion merger with Fiat to create the world’s

    Peugeot shareholders approved a $52 billion merger with Fiat to create the world’s0

    Investors in Peugot have approved the group’s merger with Fiat Chrysler, inching the pair closer to creating the world’s fourth-biggest carmaker. The deal was backed by more than 99% of investor votes cast in a meeting on Monday. Fiat Chrysler shareholders are expected to vote on the merger later on Monday. The new company will

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