FACTBOX-Fiat splits off industrial holdings

Newswire

Dec 31 (Reuters) - Shares in Fiat SpA and Fiat Industrial will start trading as separate companies on Monday following a demerger of the Italian automaker's industrial assets. The aim of the move is to unlock value and spur growth at the auto group. Chief Executive Sergio Marchionne has said the two units will be better placed to focus on their strategies with greater freedom to seek out alliances. Here are some facts about the demerger: FIAT SPA -- To hold units for autos, parts and ...

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