Italy PM Berlusconi Optimistic About Fiat-Opel Deal
05 Mai 2009 - 10:45PM
Dow Jones News
Italian Prime Minister Silvio Berlusconi Tuesday said he was
optimistic that a deal would be reached between the country's car
maker Fiat SpA (FIATY) and Germany's Opel.
"I think so," Berlusconi said during a show on state television
when asked if a deal between the two auto makers would take place.
"The news I have is that the Germans are looking at this deal with
great interest. It would be a dream for all Italians if it
happened."
After taking a stake in Chrysler last week, Fiat has said it is
looking to spin off its car unit and merge it with the European
operations of General Motors Corp. (GM), which include Opel, as
well as with Chrysler, to create a car giant with EUR80 billion in
annual revenue.
-By Luca Di Leo, Dow Jones Newswires; +39-06-697-66921;
luca.dileo@dowjones.com