Ten billion dollars. This would be the number of maxi loan granted by a pool of credit institutions made up of Deutsche Bank, Bank of America, BNP Paribas and Goldman Sachs, which would allow Fiat to acquire 41,5% of Chrysler. According to reports from the Bloomberg news agency, the achievement of 100% of the Detroit automotive group should materialize by the end of the summer, while the merger between the two groups will materialize by December 2013. Of the ten billion, about 4 are used by the Lingotto company to finance the purchase of the Chrysler share held by the Veba fund, while the rest would go to remodulate the maturing debt. Exor's shareholders' meeting is scheduled for this morning, from which news could emerge.
In the meantime, it will be held for days the meeting between the Minister of Economic Development, Flavio Zanonato and the CEO of Fiat Sergio Marchionne. "It's already set for a few days, I'll see it and then I'll tell you", announced the minister on Radio24.
“I find the issue of the tax location a bit overemphasized. What I want to understand from Marchionne – she explained – is what intentions he has regarding the presence of Fiat in Italy. It is the largest company in Italy, with 120 employees, it produces 420 cars for the Italian market, 30% of those that will be sold in Italy, which is no small thing”.
