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Provider: Finlabo SIM Spa
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Provider: Reuters Investment Profile
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Fiat SpA Aims To Boost Chrysler Group LLC Stake-Reuters


Thursday, 3 Jan 2013 05:33pm EST 

Reuters reported that Fiat SpA plans to exercise an option to buy another 3.3% in Chrysler Group LLC, a step closer in its march to buy out the U.S. automaker's minority shareholder. Fiat now owns 58.5% of Chrysler, while the UAW retiree trust owns the rest. If the sale of both 3.3% stakes goes through, Fiat will own 65.17% of Chrysler. 

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