Åœ — äº¬æ — ¶é — ' June 10, evening news, according to foreign media reports, Italy automakers Fiat (FiatSpA) and its partners on Wednesday finalized the acquisition of the assets of the Chrysler transaction, the formation of the world's sixth-largest automobile manufacturer, by Fiat CEO Sai Figgjo · Marge Mahoney (SergioMarchionne) as its new Chief Executive Officer of the company, the global production and sales, resulting in the current economic recession survival of the situation.
Fiat and Chrysler today issued a joint statement, Fiat will hold the new Chrysler Group (ChryslerGroupLLC) 20% of the shares; if you can reach specific operational objectives, the shares increased to 35%, the United Auto Workers Union (UAW) Union of retirees Healthcare Fund will hold 55% of the Chrysler Group is the Group's share of the largest shareholders. The Government of the United States will hold the Group of 8% of the shares, the Government of Canada will hold 2%.
Fiat, the company will help Chrysler in Russia and Latin America market sale of the car.
Chrysler Group's global annual sales will reach 450 million units, according to the 2008 year of the major motor company sales data, which is second only to Ford. Madge Mahoney push for the automobile industry mergers is that he is expected to only six global automobile company in the current economic recession survival.
Independent brokerages MFGlobalSecurities London car analyst John · Buckland (JohnBuckland) in Fiat announced the completion of such transactions was previously known as: "management and investors now have to worry about is how to pass a Fiat's technology platform, and how to restore profitability. Chrysler Majhi vangioni can successfully do that other people can't do?, the Fiat company take several years to accumulate for shareholders any meaningful cash flow. "He will be Fiat's stock rating as" sold ".
Majhi vangioni's goal is to improve the company's annual sales to 600 million, which is in the current economic situation, to maintain the profitability of landslide, the lowest level, and the acquisition of Chrysler assets is he in order to achieve this goal by taking the first step. 1 may, the Chrysler closes its 22 United States factory. In addition to Fiat, Chrysler has not received any other assets of the company for the acquisition of the offer.
Geneva BanqueSyz Fund asset management Manager KarimBertoni says: "Madge Mahoney will focus efforts to Chrysler's restructuring, but he is still looking for other possible merger transactions. "Bertoni manages equivalent to 185 million in customer funds, but does not have a Fiat's stock.
In Milan 16: 56 date local markets trading, Fiat stock price 4.7%, previously the highest rise 47 cents, to $ 7.90 6.3% increase. So far this year, the company's share price has increased by 70%, the company's market value and thus increased to 94 million euros (approximately 131 million).
No comments:
Post a Comment