Fiat Says Chrysler Acquisition Complete

Newswire

MILAN, Jan 21 (Reuters) - Fiat said on Tuesday it had completed the acquisition of shares in Chrysler it did not previously own, making the U.S. unit a wholly-owned subsidiary of the Italian carmaker. The company announced on Jan. 1 that it had struck a $4.35 billion deal to gain full control of Chrysler, ending more than a year of tense talks that had obstructed Chief Executive Sergio Marchionne's efforts to combine the two automakers' resources. Fiat bought the remaining 41.46 ...

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