REFILE-EU okays Fiat, GM to buy engine maker VM Motori

Newswire

(Refiles to remove extraneous line) BRUSSELS, March 30 (Reuters) - EU regulators cleared Italian carmaker Fiat and U.S. peer General Motors on Wednesday for their acquisition of control of diesel engine manufacturer VM Motori SpA. VM Motori designs and makes diesel engines for various applications, including in vehicles, industrial and marine uses. The firm is currently controlled by GM and U.S.-based Penske Corp. "The Commission's examination of the proposed transaction showed that ...

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