With the landmark listing of Fiat Chrysler Automobiles (FIA.MI) less than two weeks away, CEO Sergio Marchionne has a clear criterion for success: more than half of the merged company's shares changing hands in New York instead of Milan. "If we do more volumes in New York than we do in Milan, that's a good benchmark," Marchionne said in an interview at the Paris auto show, adding that current Milan trading volumes often top 10 million share transactions. Fiat took management control of Chrysler in 2009 after the American company emerged from government-sponsored bankruptcy. Earlier this year it completed its purchase of all outstanding Chrysler shares, and the listing of the new Fiat Chrysler is scheduled for Oct. 13.
via Business News http://ift.tt/1px6znU
0 commentaires:
Enregistrer un commentaire