# PSA shareholders approve merger with Fiat Chrysler to form Stellantis

Shareholders of French automaker PSA voted to approve a 50/50 merger with Fiat Chrysler, creating the new company Stellantis, the fourth-largest carmaker by volume. The deal was announced in late 2019 and received conditional EU approval in December 2020.

- Type: Acquisition
- Announced: 2021-01-04
- Status: announced
- Products: automobiles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [PSA Group](https://endata.com/companies/19914.md)
- [Stellantis](https://endata.com/companies/7966.md) (partner)
- [Fiat Chrysler Automobiles](https://endata.com/companies/14862.md) (target)

## Sources

- [brecorder.com](https://www.brecorder.com/news/40047168), 2021-01-04: "Shareholders of French automaker PSA voted Monday to approve a merger with the US-Italian group Fiat Chrysler, a move that catapults the new company, 'Stellantis', into the fourth position of the world's carmakers by volume."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.