Fiat Denies Report CEO Marchionne Discouraged Investment in Chrysler IPO

Newswire

MILAN, Oct 10 (Reuters) - Italian carmaker Fiat denied on Thursday a report by broker Sanford C. Bernstein that Chief Executive Sergio Marchionne had made comments discouraging investors from taking part in a listing of its U.S. unit Chrysler. In a statement on Thursday Fiat said the Bernstein report misrepresented the presentation CEO Sergio Marchionne gave at a Fiat investor meeting. "The report mischaracterizes Mr Marchionne's presentation, which was made at a Fiat investor ...

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