Author Archives for jijuambeltz
Equipo
Personal altamente capacitado al servicio de nuestros clientes- septiembre 11, 2014
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Servicios
La mas amplia gama de servicios al alcance de nuestros clientes en todo San José.- septiembre 11, 2014
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- septiembre 10, 2014
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Fiat exercises option to buy additional 3.3% of Chrysler shares
Purchase brings closer a merger of the two automakers- septiembre 10, 2014
- Automakers, Manufacturing, Production
- Posted by jijuambeltz
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Fiat today exercised an option to raise its stake in Chrysler by 3.3 percent.
The move is part of CEO Sergio Marchionne’s step-by-step purchases intended to lead to full control of Chrysler and the creation of a merged company that would be able to compete better with industry leaders Toyota, General Motors and Volkswagen.
Fiat has been exercising options since mid-2012 to buy holdings of about 3.3 percent from the VEBA, a medical-benefits trust for the U.S. carmaker’s retirees.
Including today’s purchase, Fiat has exercised three of its six-monthly options, increasing its stake to 68.49 percent.
Fiat has said it wants full control of Chrysler, which would give it access to some of Chrysler’s cash flow for investments in new models.
Chrysler has become Fiat’s most reliable profit generator as the Italian company struggles to end losses in Europe that totaled 704 million euros ($903 [...]
- septiembre 10, 2014
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That being said, we will give you an amazing deal for the trouble.- septiembre 10, 2014
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