Thursday, April 5, 2018

As it did with Ferrari, Fiat Chrysler spinning off Magneti Marelli

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Fiat Chrysler said on Thursday its board had tasked management to proceed with spinning off Magneti Marelli and distributing shares in a new holding for the 99-year old parts business to FCA investors.

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As it did with Ferrari, Fiat Chrysler spinning off Magneti Marelli originally appeared on Autoblog on Thu, 05 Apr 2018 08:35:00 EDT. Please see our terms for use of feeds.

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