Stellantis acquires First Investors in move to establish captive finance business

Stellantis N.V. has entered into an agreement to acquire F1 Holdings Corp., the parent company of First Investors Financial Services Group, in an all-cash $285 million deal as Stellantis works to develop its own captive finance business. The announcement follows news that Stellantis was looking to set up a new financial-services partnership with a company […]