The Weird New Name For FCA And Groupe PSA
STELLANTIS: The name of the new group resulting from the merger of FCA and Groupe PSA
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In the United States, an offer of securities in connection with a business combination transaction will be made, as required, only by means of a prospectus which is part of an effective registration statement filed with of the United States Securities and Exchange Commission (“SEC”). The shareholders of Peugeot SA (“PSA”) and Fiat Chrysler Automobiles NV (“FCA”) who are American citizens or who are located in the United States are advised to read the registration statement when and if it is declared. effective by the SEC as it contains important information relating to the proposed transaction. Copies of all documents filed with the SEC relating to the proposed transaction, documents incorporated by reference, and documents filed by the FCA with the SEC can be obtained from the SEC website at http: // www.sec.gov. In addition, the effective registration declaration will be made available to shareholders in the United States free of charge.
July 15, 2020, Vélizy-Villacoublay, France and London – In a major step as they move towards the completion of their 50:50 merger as defined in the merger agreement announced on December 18, 2019, Peugeot SA (” Groupe PSA “) and Fiat Chrysler Automobiles NV (” FCA “) (NYSE: FCAU / MTA: FCA) today announced that the new group will be named STELLANTIS.
STELLANTIS is rooted in the Latin verb “stello” which means “to light up with stars”. It is inspired by this new and ambitious alignment of legendary automobile brands and strong corporate cultures which, by coming together, create one of the new leaders of the next era of mobility while preserving all the exceptional value and values of its constituent parts. STELLANTIS will combine the size of a truly global company with an exceptional breadth and depth of talent, know-how and resources capable of providing sustainable mobility solutions for decades to come. The Latin origins of the name pay homage to the rich history of its founding companies while the evocation of astronomy captures the true spirit of optimism, energy and renewal that drives this fusion that changes the industry.
The process of identifying the new name began shortly after the announcement of the merger agreement and the general management of the two companies was closely associated throughout, supported by Publicis Group.
The name STELLANTIS will be used exclusively at Group level, as a Corporate brand. The next step in the process will be the unveiling of a logo which, along with the name, will become the brand’s brand identity. The names and logos of the constituent brands of the STELLANTIS Group will remain unchanged.
As previously indicated, the completion of the proposed merger is expected to occur in the first quarter of 2021, subject to customary closing conditions, including approval by shareholders of the two companies at their respective extraordinary general meetings and the satisfaction of agreements and other regulatory requirements.