Sunday, April 24, 2011

Fiat increases share in Chrysler to 46%; speculation on an eventual takeover

Chairman John Elkann, ‘historic step for Fiat and Chrysler’ Italian carmaker Fiat says it has reached a deal to buy an additional 16% stake in Chrysler for 1.27bn US dollars. The move takes Fiat's stake in the US's third-largest carmaker to 46% and raises speculation about an eventual takeover this year.

Source: http://en.mercopress.com/2011/04/21/fiat-increases-share-in-chrysler-to-46-speculation-on-an-eventual-takeover?utm_source=feed&utm_medium=rss&utm_content=main&utm_campaign=rss

London Neal Ardley Motherwell Luis Moreno-Ocampo Sir Alex Ferguson Eric Pickles

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