ARAMI Aramis Group SAS

3.415EUR+2.25%Mkt Cap: 296.38M $P/E: 20.88

Aramis Group SAS engages in the online sale of used vehicles in France, Belgium, the United Kingdom, Austria, Italy, and Spain. The company offers a wide range of automotive products and services, including financing, in…

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Stellantis Is Starting to Decide What It No Longer Needs

This article first appeared on GuruFocus. Automaker Stellantis N.V. (STLA, Financials) behind Jeep, Ram, Fiat and Peugeot, may be readying to streamline its operations as it prepares for a bigger investment cycle.The firm is said to be considering selling its controlling position in used-car marketplace Aramis Group.Stellantis owns 60.5% of Aramis and controls 67.4% of the voting rights. Rothschild & Co and Citi have reportedly been hired to work on a prospective sale.The stats tell us how much things have changed since Aramis went public.

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