IMPORTANT NOTICE
By reading the following release, you agree to
be bound by the following limitations and qualifications: This
press release is for informational purposes only and is not
intended to and does not constitute an offer or invitation to
exchange or sell or solicitation of an offer to subscribe for or
buy, or an invitation to exchange, purchase or subscribe for, any
securities, any part of the business or assets described herein, or
any other interests or the solicitation of any vote or approval in
any jurisdiction in connection with the proposed transaction or
otherwise, nor shall there be any sale, issuance or transfer of
securities in any jurisdiction in contravention of applicable law.
This press release should not be construed in any manneras a
recommendation to any reader of this press release.
This press release is not a prospectus, product
disclosure statement or other offering document for the purposes of
Directive 2003/71/EC of the European Parliament and the Council of
November 4th, 2003,as amended, in particular, by Directive
2010/73/EC of the European Parliament and the Council of November
24th, 2010, as amended and as implemented in each member State of
the European Economic Area and under French and Dutch law.
An offer of securities in the United States
pursuant to a business combination transaction will only be made,
as may be required, through a prospectus which is part of an
effective registration statement filed with the US Securities and
Exchange Commission. You may obtain copies of all documents
filed with the SEC regarding the proposed transaction, documents
incorporated by reference, and FCA’s SEC filings at the SEC’s
website at http://www.sec.gov.
FCA withdraws merger proposal to Groupe
Renault
The Board of Fiat Chrysler Automobiles N.V.
(“FCA”) (NYSE: FCAU / MTA: FCA), meeting this evening under the
Chairmanship of John Elkann, has resolved to withdraw with
immediate effect its merger proposal made to Groupe Renault.
FCA remains firmly convinced of the compelling,
transformational rationale of a proposal that has been widely
appreciated since it was submitted, the structure and terms of
which were carefully balanced to deliver substantial benefits to
all parties. However it has become clear that the political
conditions in France do not currently exist for such a combination
to proceed successfully.
FCA expresses its sincere thanks to Groupe
Renault, in particular to its Chairman and its Chief Executive
Officer, and also to the Alliance partners at Nissan Motor Company
and Mitsubishi Motors Corporation, for their constructive
engagement on all aspects of FCA’s proposal.
FCA will continue to deliver on its commitments
through the implementation of its independent strategy.
London, 6 June 2019
Media:
FCANiel Golightly,
niel.golightly@fcagroup.com, +1 248 933-6285Shawn Morgan,
shawn.morgan@fcagroup.com, +1 248 512-2692Andrea Pallard,
andrea.pallard@fcagroup.com,+39 0110030675Fernao Silveira,
fernao.silveira@fcagroup.com, +55 11 4949-3901
United Kingdom Gelso Consulting Richard
Holloway + 44 7342 023 763 richard.holloway@gelso.co.uk Laura
Gilbert + 44 7799 413 351 laura.gilbert@gelso.co.uk Andrew Garfield
+44 7974982337andrew.garfield@gelso.co.uk
United States Sard Verbinnen & Co Robert
Rendine, Kelsey Markovich +1 212 687 8080 fca@sardverb.com
ItalyCommunity, Strategic Communications Advisers
Auro Palomba, Marco Rubino +39 02 89404231
fca@communitygroup.it
France Image 7 Anne-France Malrieu, Simon Zaks
+33 1 53 70 74 95 fca@image7.fr
JapanAshton ConsultingDan Underwood, Daniel
Fath +81 3 5425-7220fca@ashton.jp
Investors:
FCAJoe VeltriVice President,
Investor RelationsTel: +1 248 576
9257investor.relations@fcagroup.com
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking
statements. These statements are based on the FCA Group’s current
expectations and projections about future events and, by their
nature, are subject to inherent risks and uncertainties. They
relate to events and depend on circumstances that may or may not
occur or exist in the future and, as such, undue reliance should
not be placed on them. Actual results may differ materially from
those expressed in such statements as a result of a variety of
factors, including: volatility and deterioration of capital and
financial markets, changes in commodity prices, changes in general
economic conditions, economic growth and other changes in business
conditions, weather, floods, earthquakes or other natural
disasters, changes in government regulation, production
difficulties, including capacity and supply constraints,
uncertainties as to whether the proposed business combination will
be agreed or consummated or as to the timing thereof as well as the
realization of the anticipated synergies therefrom, and many other
risks and uncertainties, most of which are outside of the FCA
Group’s control.
FCA and its affiliates, directors, advisors,
employees and representatives, expressly disclaim any liability
whatsoever for such forward-looking statements.
Forward-looking statements speak only as of the
date they are made. FCA does not assume any obligation to update
any public information or forward-looking statement in this
communication to reflect new information, future events or
circumstances or for any other reason after the date of this
communication, except as may be required by applicable laws, and
any opinion expressed in this press release is subject to change
without notice. FCA shall not have any obligation to correct any
inaccuracies therein or omissions therefrom which may become
apparent.
- FCA withdraws merger proposal to Groupe Renault
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