Marchionne Hoping IPO Will Benchmark Chrysler's Worth


L'AQUILA, Italy Oct 3 (Reuters) - Fiat and Chrysler Chief Executive Sergio Marchionne said on Thursday he hopes the process of selling shares on the New York Stock exchange will give a clear valuation of Chrysler's worth. Chrysler, 58.5 percent-owned by Fiat, filed paperwork last week for a flotation of shares held by the United Auto Workers, which owns the rest of Chrysler through its retirees' healthcare trust. Fiat has offered to buy the health care trust's stake, ...


To access this content simply register below now.
Registering is easy and allows you to:

  • Access all public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!

Already registered? here.

Feb 10, 2017

Volvo V60 Polestar 2.0L Turbo/Supercharged DOHC 4-cyl. -- 2017 Award Acceptance

Stefan Hermelin, general manager-Monitoring & Concept Center, accepts Volvo Cars' award at the 2017 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×