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Italy: EC approves Fiat stake in VM Motori

The European Commission has approved Fiat’s acquisition of a 50% stake in Italian diesel engine specialist VM Motori from Penske Corp. Plans for the acquisition were first revealed in February this year. The Commission has concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA). It’s time to log … Continued

The European Commission has approved Fiat’s acquisition of a 50% stake in Italian diesel engine specialist VM Motori from Penske Corp. Plans for the acquisition were first revealed in February this year.

The Commission has concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA).

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