MILAN Aug 7 Fiat's shareholder Norges Bank,
Norway's sovereign wealth fund, voted against the Italian
carmaker's merger with Chrysler at a shareholder meeting on
Aug.1, according to its website.
The merger was approved by the shareholder meeting but could
still fall apart if enough investors exercise their right to
sell the shares and get a cash compensation for them.
A spokesman for Norges declined to comment when asked if the
fund intended to exercise its exit right, saying it never
comments on single investments or companies.
Norges Bank had registered for the shareholder meeting with
a 2.15 percent stake, according to the meeting's minutes read
out by Fiat Chairman John Elkann.
However, a filing by Italian stock market watchdog Consob
showed this week that Norges had cut its stake in Fiat to 1.338
perent on July 31, a day before the shareholder meeting.
(Reporting by Stefano Rebaudo, writing by Silvia Aloisi;
Editing by Lisa Jucca)