Fiat CEO Stresses Benefits Through Possible Merger With Opel
26 Mai 2009 - 6:24PM
Dow Jones News
Fiat SpA (F.MI) Chief Executive Sergio Marchionne said Tuesday
that following meetings with several German politicians, the
company has dispelled a lot of misapprehensions about its bid for
General Motors Corp.'s (GM) German Adam Opel GmbH unit, reiterating
that a merger between the two European automakers would create
benefits for their operating businesses.
Speaking to reporters in Berlin, Marchionne said Fiat lowered
the demand for state guarantees to EUR6 billion from previously
EUR7 billion in case of a deal with Opel.
Company Web site: www.fiat.com
-By Andrea Thomas, Dow Jones Newswires; +49-30-288-8410;
andrea.thomas@dowjones.com