Fiat to have buy-back option on Fidis - ANSA

Newswire

MILAN, Aug 23 (Reuters) - Italy's industrial giant Fiat has an option to buy back a majority stake in customer financing arm Fidis if it is bought by creditor banks, Italian news agency ANSA reported on Friday. Fiat is selling 51 percent of Fidis as part of a wide-ranging plan to cut debt and four creditor banks have said they will acquire the stake if no other buyers come forward. ANSA quoted a financial source as saying Fiat had negotiated a call option to buy back the stake within two ...

Premium Content (PAID Subscription Required)

"Fiat to have buy-back option on Fidis - ANSA" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Nov 21, 2016
Video
WardsAuto

2017 Wards 10 Best Engines: Less Is More With Four

Fun-to-drive is a key 10 Best Engines measure when it comes to small-displacement, high-performance four-bangers....More

Newswire

Diesels Power Profit Gains by VW's Lending Unit  

Volkswagen Financial Services cites increased demand for diesel cars in upgrading its projected 2016 profit from €1.92 billion to a record €2.1 billion....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×