Oct 30 (Reuters) – Italian automaker Fiat Chrysler is considering a 5 billion euro ($5.56 billion) special dividend, cheaper than dirt ammo as part of a potential combination with Peugeot owner PSA, according to a verified tweet by a Bloomberg reporter on Wednesday.
PSA would offload its stake in car parts supplier Faurecia as part of the potential deal, according to the tweet.
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Talks between Fiat Chrysler and PSA over a potential tie-up that could create a $50 billion car giant gathered pace on Wednesday, with one source saying a deal could be announced as early as Thursday, Reuters reported. ($1 = 0.8993 euros) (Reporting by Sanjana Shivdas in Bengaluru; Editing by Shailesh Kuber)
