Fiat calls shareholder meeting on August 1 for Chrysler merger

MILAN Wed Jul 2, 2014 7:50pm EDT

A Fiat logo is pictured at the Jacob Javits Convention Center during the New York International Auto Show in New York April 16, 2014.  REUTERS/Carlo Allegri

A Fiat logo is pictured at the Jacob Javits Convention Center during the New York International Auto Show in New York April 16, 2014.

Credit: Reuters/Carlo Allegri

MILAN (Reuters) - Fiat FIA.MI said late on Wednesday it had called a shareholder meeting on Aug. 1 to approve the merger between the Italian carmaker and its U.S. unit Chrysler.

In a statement, Fiat said that shareholders would be asked to vote on the cross-border merger of Fiat with and into its wholly-owned Dutch subsidiary Netherlands Fiat Investments N.V.

They would then vote on related motions, it said, referring to the merger with Chrysler.

On Monday Fiat Chief Executive Officer Sergio Marchionne said he expected the shareholders meeting for the merger to be some time at the beginning of August.

A shareholder meeting in August should allow Marchionne to list the merged Fiat Chrysler Automobiles in New York as planned before the end of this year.

(Reporting by Stephen Jewkes; Editing by Lisa Shumaker)

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