TURIN, Italy Aug 1 People's Bank of China
owns 2 percent of Fiat Chrysler, the
carmaker's chairman John Elkann told shareholders at the start
of a shareholder meeting, making the Chinese central bank one of
the Italian group's key investors.
Fiat shareholders are expected to approve the Italian
carmaker's merger with its U.S. unit Chrysler at the meeting on
Friday, a tie-up aimed at boosting the world's seventh-largest
auto group's appeal with foreign investors and paving the way
for a U.S. share listing.
Shareholders holding more than 52 percent of the company's
equity capital were present at the meeting.
(Reporting by Agnieszka Flak)