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Italy: Fiat board approves spin-off plans

Fiat’s board of directors has approved plans to spin-off the truck, industrial & marine powertrain, agricultural and construction equipment businesses into a separate company, Fiat Industrial S.p.A. Plans for the demerger were first announced back in April. As of 1 January 2011, Fiat Industrial will be separated from the car business, Subscribe to Automotive World … Continued

Fiat’s board of directors has approved plans to spin-off the truck, industrial & marine powertrain, agricultural and construction equipment businesses into a separate company, Fiat Industrial S.p.A. Plans for the demerger were first announced back in April.

As of 1 January 2011, Fiat Industrial will be separated from the car business,

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https://www.automotiveworld.com/articles/82985-italy-fiat-board-approves-spin-off-plans/

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