Fiat Sees Chrysler Deal Closing Soon
10 Juni 2009 - 9:54AM
Dow Jones News
Fiat (F.MI) said Wednesday it expects the Chrysler deal to close
soon without further elaborating.
In a statement sent to the Italian stock exchange Fiat confirmed
the U.S. Court decision to approve Chryslers sale of assets to a
group of investors led by Fiat.
Shares of Fiat Wednesday soared in Milan on news. At 0720 GMT
there were trading up 3.9% at EUR7.73.
-By Sabrina Cohen, Dow Jones Newswires, +39 02 5821 9906;
sabrina.cohen@dowjones.com