Buyout

Fiat exercises option to buy additional 3.3% of Chrysler shares

marcomichels10 2018-09-19T17:42:49-04:00 September 10th, 2014|Categories: Automakers, Manufacturing, Production|Tags: Buyout, Chrysler, Fiat, Financial, Merger|

Fiat today exercised an option to raise its stake in Chrysler by 3.3 percent. The move is part of CEO Sergio Marchionne's step-by-step purchases intended to lead to full control of Chrysler and the creation of a merged company that would be able to compete better with industry leaders Toyota, General Motors and Volkswagen. Fiat has [...]

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