Peugeot Group is technically buying out Fiat-Chrysler, according to Stellantis agreement fine print

Peugeot Group is technically buying out the Fiat-Chrysler Group – not merging with it, as was previously reported – according to fine print analysis of the Stellantis agreement. Stellantis is the name given to the new company which comprises all Peugeot Group (PSA) and Fiat-Chrysler Group (FCA) brands. The contract shows that, for accounting purposes at least, the identification of an "acquirer and acquiree" was necessary in the arrangement.