On 15 February 2023, Stellantis mentioned it would establish a model new software improvement and engineering hub in Gliwice, Poland. Exor, the Agnelli family firm that was the biggest shareholder of FCA, held the most important stake in Stellantis with 14.4%. The merger agreements allowed the Peugeot family to increase its current 7.2% stake in Stellantis by as much as an additional 1.5% by acquiring shares from France’s state lender Bpifrance, from Dongfeng, or available on the market.
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Sources near FCA say that the federal government was constantly second-guessing and renegotiating each facet of the deal. When France pointed the finger at Nissan as a roadblock, FCA misplaced endurance. On 21 December 2020, the European Commission permitted the merger, whereas imposing minimal remedies to ensure competitors in the sector. The merger was permitted on 4 January 2021 by the shareholders of both FCA and PSA.
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