By Kim Richters

 

The European Commission will decide whether to approve the merger between Fiat Chrysler Automobiles NV and Peugeot SA by Feb. 2, according to a filing on the authority's website.

The Commission had opened an in-depth investigation into the proposed deal in June, with an initial deadline of Oct. 22. It is looking at whether a merger would disadvantage other producers of light commercial vehicles, or vans, in the European Economic Area.

The two car makers recently said they continue to expect their deal to be completed by the end of the first quarter next year. The new company will be called Stellantis and will retain the two companies' existing brands.

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

October 01, 2020 09:10 ET (13:10 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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