Dongfeng got a 12.5 % stake in PSA as part of the joint-venture deal. Given the terms of the FCA and PSA merger, that would give it about a
6.25% share in Stellantis.
https://www.livemint.com/auto-news/...se-major-shareholder-11572546271661.htmlHowever, Dongfeng had already agreed to lower its stake in PSA prior to the merger, so it will probably end up with about 4.5 %, giving it about a
2.25% share in Stellantis. Not sure if it's mentioned in link, but I think Peugeot family made chance to increase stake in Stellantis conditional to approving of merger, with shares likely to come from Donfeng.
https://www.reuters.com/article/us-...sale-to-smooth-mega-merger-idUSKBN1YN1JGI wouldn't consider a less than 3% share significant, despite what first article I linked says.
More interesting to me is that Stellantis will be incorporated in the Netherlands, which will technically, sort of, make Chrysler a Dutch company.
Guess Walter wouldn't mind too much; one of the things we have in common is Dutch ancestry (the other is that I use his photo, disguised as a Blues Brother, as my profile pic).
