Fiat Industrial shareholders meet to approve CNH merger


TURIN, Italy, July 9 (Reuters) - Italian truck and tractor maker Fiat Industrial shareholders will vote on Tuesday on a merger with its U.S. division CNH in what may be a template for a later linkup between sister company Fiat and Chrysler. Italian companies with global operations like Fiat and Autogrill are looking for ways to maximise their foreign revenue to compensate for flat or falling sales in their home market, which has been in a recession for two years. ...


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