Fiat Industrial presented "its best definitive offer to the Special Committee of the board of CNH Global NV in relation to the strategic integration" of Fiat Industrial with the American company. This was communicated by Fiat Industrial, specifying that this final proposal which provides for the distribution of an extraordinary dividend of 10 dollars per share to be paid for the merger and if possible before the end of the year "represents an improvement of 25,6% compared to the implied by the initial offer”.
Furthermore, if this new offer "is not accepted, Fiat Industrial intends to move forward with other aspects of the proposed transaction, including the merger with a newly incorporated company based in the Netherlands and whose shares will be listed on the New York and Milan".
