Italy/US: Fiat to acquire Treasury’s Chrysler shares

Fiat has notified the US Treasury that it intends to exercise its option to buy the government’s 6.6% stake in Chrysler by the end of this year. The move would increase its holding in the US OEM to 57%. The price of the shares will be negotiated by Fiat and Subscribe to Automotive World to … Continued

• By Webmaster
• May 31, 2011