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Fiat Industrial-Cnh Global, merger completed: Cnh Industrial is born

Transactions completed on September 27 and 28 – CNH Industrial issued 1.348.867.772 ordinary shares, which were assigned to the shareholders of Fiat Industrial and CNH Global on the basis of their respective exchange ratios.

Fiat Industrial-Cnh Global, merger completed: Cnh Industrial is born

Cnh Industrial announces that on 27 and 28 September the mergers by incorporation into the new company respectively of Fiat Industrial need Cnh Global. Yesterday, therefore, the integration of the two companies was completed.

During the closing of the transaction, Cnh Industrial issued 1.348.867.772 ordinary shares, which were assigned to the shareholders of Fiat Industrial and CNH Global on the basis of their respective exchange ratios. 

Specifically, Fiat Industrial shareholders were granted one Cnh Industrial ordinary share in exchange for each Fiat Industrial ordinary share they owned, and CNH Global shareholders were granted 3,828 Cnh Industrial ordinary shares in exchange for each Cnh Global ordinary share. owned by them.

Cnh Industrial ordinary shares were admitted to listing on the Nyse and it is expected that today the ordinary shares of Cnh Industrial will also be admitted to listing on the Electronic Stock Market (MTA). 

Furthermore, in the context of the closing of the transaction, CNH Industrial has issued special voting shares (not admitted to trading) which have been assigned to those shareholders of Fiat Industrial and CNH Global who, having duly requested it, are entitled to receive such special voting shares.

Based on the number of requests, the special voting shares issued by Cnh Industrial total 474.474.276.

Il board of directors of CNH Industrial is composed as follows: John Elkann, Mina Gerowin, Patrizia Grieco, Léo W. Houle, Peter Kalantzis, John Lanaway, Sergio Marchionne, Guido Tabellini, Jacqueline Tammenoms Bakker, Jacques Theurillat and Richard Tobin.

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