Health-Care Trust Values Chrysler Stake at $3.6 Billion

Newswire

DETROIT, Oct 14 (Reuters) - The United Auto Workers-affiliated healthcare trust valued its ownership stake in Chrysler Group LLC at $3.6 billion by the end of 2012, up from $2.7 billion the previous year, a recent filing with the U.S. Department of Labor. The healthcare trust, a voluntary employees beneficiary association (VEBA), owns 41.5 percent of Chrysler, and Fiat SpA owns 58.5 percent. Sergio Marchionne, chief executive of both Fiat and Chrysler, wants Fiat to buy from ...

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