Fiat awaits U.S. court ruling before moving on VEBA buyout
TURIN, Italy, April 9
TURIN, Italy, April 9 (Reuters) - Italian automaker Fiat will wait for a ruling by a Delaware court on a pricing dispute with Chrysler minority owner VEBA before proceeding with any further buyout of the VEBA stake in the U.S. group, Chief Executive Sergio Marchionne said on Tuesday.
VEBA and Fiat disagree on the pricing of a 3.3 percent stake in Chrysler to be transferred to Fiat from the healthcare trust.
- Malaysia air probe finds scant evidence of attack: sources |
- Search widened as Malaysia air probe finds scant evidence of attack |
- Exclusive: Chinese raw materials also found on U.S. B-1 bomber, F-16 jets
- Confrontation in Ukraine as diplomacy stalls |
- Freescale loss in Malaysia tragedy leads to travel policy questions