Tagged FCAU

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FCA to Spin Off Magneti Marelli

FCA Announces Plans to Separate Magneti Marelli The Board of Directors of Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU /MTA: FCA) announced today that it has authorized FCA management to develop and implement a plan to separate the Magneti Marelli business from FCA and to distribute shares of a new holding company for Magneti Marelli…

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Fiat Chrysler Looking into Spin Off

The FCA Board to review potential separation of Magneti Marelli in the second quarter of 2018 Fiat Chrysler Automobiles (“FCA”) (NYSE: FCAU MTA: FCA) announced today that the Company is continuing its review of the potential separation of FCA’s subsidiary Magneti Marelli S.p.A. (“Magneti Marelli”) The Board of Directors of the Company plans to review…