Fiat SpA says it will withhold taking any action against General Motors Corp. until the two conclude a mediation process Feb. 1. The auto makers have agreed to conduct mediation to resolve the legitimacy of a clause in their partnership that allows Fiat to force GM to buy the 90% of the Italian conglomerate’s ailing automotive unit (Fiat Auto Spa) it doesn’t already own. The agreement was signed by then-Fiat Chairman Gianni Agnelli and GM Chairman Jack Smith on March 13, 2000. (See ...
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