The Fiat Chrysler (MI:FCHA) Automobiles N.V. (FCA) / Peugeot S.A. (PSA) merger has won the GCR award for Matter of the Year. The award in this category covers merger control, cartels, unilateral conduct, litigation or any other competition matter worldwide and praises creative, strategic and innovative work by teams of in-house and external lawyers and economists.
Bryan Cave Leighton Paisner Russia Antitrust & Competition team has been advising PSA Group on obtaining Russian antitrust clearance for its merger with FCA. After an almost 3-month review, the Russian Federal Antimonopoly Service cleared the merger unconditionally.
The BCLP Russia team was led by Partner and Head of Antitrust & Competition Practice Nikolay Voznesenskiy. The team’s key members included Counsel Andrey Neminuschiy and Associate Vladislav Feklin.
The global merger between PSA Group and Fiat Chrysler Automobiles will create Stellantis – the world’s fourth biggest car manufacturer with 8.7 m vehicle sales a year, a turnover of EUR 170 bn and 410,000 employees worldwide. The merger required merger filings in 22 jurisdictions.