Covington & Burling, Cravath, Swaine & Moore, De Brauw Blackstone Westbroek and Stibbe are among the firms advising on Fiat Chrysler Automobiles’ agreement to merge with Peugeot to create a $50 billion enterprise.

The carmakers announced on Wednesday (December 18) they would each take a 50% stake in the combined enterprise, thereby creating the fourth-largest auto manufacturer in the world, with revenues of nearly €170 billion.