Fiat ready to exercise further Chrysler option

Newswire

MILAN, June 27 (Reuters) - Fiat could exercise an option as early as Monday to buy a further 3.3 percent stake in Chrysler held by U.S. healthcare trust VEBA, Fiat's chairman said. "We'll see on Monday, we have done it (exercising options) in the past and will continue doing what we have done," chairman John Elkann said on the sidelines of a conference. Fiat, which snapped up a worthless Chrysler in 2009, owns 58.5 percent of the U.S. group with a right to buy ...

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