CORRECTED-UPDATE 2-Fiat Industrial boosts U.S. focus with CNH merger

Newswire

(Corrects combined market cap figure in para 2 to $13 billion, not $22 billion) * New group will have primary listing in New York * Deal shifts focus to North America to attract new investors * Fiat, CNH investors to get shares in new company * Fiat Industrial shares up 3.8 percent, outpace sector By Danilo Masoni and Stefano Rebaudo MILAN, May 30 (Reuters) - Italian truckmaker Fiat Industrial plans to merge with its U.S. farm equipment unit CNH , building a global heavyweight industrial ...

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