Fiat in talks for up to $10 bln financing for Chrysler deal-report

Newswire

MILAN, May 30 (Reuters) - Italy's Fiat is in talks for as much as $10 billion in financing from a pool of banks to buy the stake in Chrysler it does not already own and refinance the two automakers' debt, Bloomberg reported on Thursday. Citing people familiar with the matter, the report said the banks were discussing lending Fiat the money to buy a 41.5 percent stake in Chrysler held by the United Auto Workers' healthcare trust Veba. Fiat and Chrysler CEO Sergio ...

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