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Italy/US: Fiat aims to up Chrysler stake by further 16%

Fiat SpA has announced its commitment to increasing its ownership interest in Chrysler Group LLC by 16%, to 46%, in the event that the US OEM refinances its loans from the US and Canadian governments. Fiat will pay US$1.27bn to raise its stake by the further 16%. Under Chrysler Group's LLC Subscribe to Automotive World … Continued

Fiat SpA has announced its commitment to increasing its ownership interest in Chrysler Group LLC by 16%, to 46%, in the event that the US OEM refinances its loans from the US and Canadian governments. Fiat will pay US$1.27bn to raise its stake by the further 16%.

Under Chrysler Group's LLC

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https://www.automotiveworld.com/articles/86875-italy-us-fiat-aims-to-up-chrysler-stake-by-further-16/

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