Fiat News (7/9/13)

Fiat exercises option to buy more Chrysler stock Boston.com DETROIT (AP) — Italian automaker Fiat has exercised a third option to buy a small amount of Chrysler stock, but the sale won't go through until a U.S. court settles a dispute over the price. Fiat said Monday that it offered $254.7 million for another ... See all stories on this topic »

Fiat says RCS Mediagroup investment is for the long run Reuters Fiat emerged as RCS Mediagroup's largest shareholder on June 28 with the surprise announcement it will almost double its stake to 20 percent for a reported 90 million euros ($115.51 million). The stake increase was followed by press speculation that it ... See all stories on this topic »

Fiat to Increase Stake in Chrysler Wall Street Journal MILAN—Italy's Fiat SpA has exercised another option to buy shares in Chrysler Group LLC even though it has yet to take possession of two earlier tranches of shares because of a dispute over price. Fiat, which already owns 58.5% of Chrysler, has been ... See all stories on this topic »

Fiat raises Chrysler stake amid legal tussle over price Financial Times Fiat has exercised an option to increase its stake in Chrysler to 68.5 per cent, the Italian carmaker said on Monday, as it pushes ahead with its plans to take control of the US company despite a legal tussle over its value. Fiat, which is bleeding ... See all stories on this topic »

Fiat to buy more Chrysler shares, judge to decide price Detroit Free Press But Fiat is still waiting for a Delaware judge to decided how much it should pay for another 6.6% Chrysler stake that Fiat wants to buy. Fiat owns 58.5% of Chrysler until the lawsuit is settled. The UAW Retiree Medical Benefits Trust owns the other 41.5%. See all stories on this topic »

Fiat ups Chrysler stake to 68.49 percent Reuters Fiat can buy 16.6 percent of Chrysler in installments of 3.3 percent from Veba, a U.S. healthcare trust linked to the autoworkers' union. Including Monday's purchase, Fiat has exercised three of the six-monthly options to buy 3.3 percent, increasing ... See all stories on this topic »

Fiat Exercises Option to Buy Another Stake in Chrysler Wall Street Journal MILAN--Italy's Fiat SpA (F.MI) has exercised an option to buy another 3.3% of U.S. partner Chrysler Group LLC's outstanding equity from a union trust for $254.7 million, even though it has yet to reach an agreement over how much it should pay for an ... See all stories on this topic »

Fiat bids to increase Chrysler stake by 3.3% AFP MILAN — Italian auto giant Fiat said on Monday it was exercising an option to raise its stake in US partner Chrysler by 3.3 percent, taking its holding to 68.49 percent once the operation is completed. It estimated the price of the most recent stake ... See all stories on this topic »

Marchionne Pushes Fiat Buyout of Chrysler to End 4-Year Pursuit Businessweek Fiat SpA (F) moved to tighten its control of Chrysler Group LLC as Chief Executive Officer Sergio Marchionne looks to complete a four-year effort to merge the Italian and American automakers. Fiat exercised an option to buy an additional 3.3 percent of ... See all stories on this topic »