The board of Fiat Chrysler Automobiles NV is expected to meet on Tuesday afternoon to consider taking the next steps toward a proposed merger with French automaker Peugeot SA, sources said on Monday.
Peugeot's board is also expected to meet on Tuesday afternoon, and is expected to consider a memorandum of understanding to formalise a proposed $50 billion combination of the two European automakers, sources have said.
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