Your position: Home > News > Industry News > The two companies completed the acquisition of Chrysler Fiat merger
News
Company News
Industry News
CARDVD Installation Tutorial
Contact Us
Dorothy: General Manager
wechat:13684961929
Skype: dorothy3629
whatsapp: 0086 13684961929
Email:dorothy@cardvd-wholesale.com
QQ email : 28239515@qq.com
------------------------------
Contact Now

News

The two companies completed the acquisition of Chrysler Fiat merger

2014-02-07 10:11:16
"

Local time on January 21, Fiat said in a statement, has spent $ 4.35 billion, from Chrysler VEBA another shareholder completed the acquisition of 100% stake in the hands of Chrysler. Fiat - Chrysler has become the world's seventh largest auto group. Fiat - Chrysler CEO Marchionne through long-term efforts, and ultimately the two companies merged. Financing agreement transactions are expected Fiat will not need to raise equity capital through a rights issue

 

Official information is as follows:

    Fiat shares in the company (Fiat) has announced a voluntary employee beneficiary association with (VEBA) to reach an agreement, its wholly-owned subsidiary of Fiat North America (FNA) held by VEBA will acquire some of Chrysler Group (Chrysler Group) All 41.4616% stake. The transaction is expected to be settled on or before January 20, 2014.

"