tieup

Italy’s premier slams Stellantis over reduced Italian footprint since Peugeot-FiatChrysler tie-up

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MILAN — Italian Premier Giorgia Meloni slammed carmaker Stellantis, accusing it of weakening Italy’s industrial footprint since the merger of FiatChrysler and PSA Peugeot that created the world’s fourth largest auto maker. As one of Italy’s top private sector employers, Fiat and its successors, FiatChrysler and then Stellantis, have always gotten government attention, but rarely … Read more

Microsoft and OpenAI tie-up faces ‘relevant merger’ scrutiny by UK regulator CMA

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The whirlwind management drama at OpenAI last month concluded with co-founder Sam Altman reinstated within a week of his surprise dismissal — and a much bigger role for Microsoft, which ended up with a seat on the board for the first time since investing billions into the startup earlier this year. That new, cosier relationship … Read more