Fiat Chrysler Automobiles aims to list its shares on the New York Stock Exchange on October 1st, chief executive officer Sergio Marchionne said Friday.
The
Italian giant changed its name after completing the purchase of
Chrysler in January, nearly five years after Marchionne took the helm
of the US automaker as it emerged from a government-backed bankruptcy
restructuring.
The
company said its shares would be listed in New York and Milan, and
that Fiat shareholders would receive one Fiat Chrysler common share
for each Fiat share they hold. Fiat Chrysler will be resident in the
UK for tax purposes.
“October
1. That's the target” Marchionne told reporters during tour of a
Chrysler plant in suburban Detroit, Michigan.
“But
it's a target. It could slip thirty, sixty or ninety days”, he
said, nothing the company has to prepare an extensive set of
documents before it can actually list its shares on the NYSE.
Marchionne
also said he doesn't believe the crisis in the Ukraine will have
spillover effects on the European economy or Fiat Chrysler's
investment in Russia, where it is preparing to build Jeeps with
Russian partner.
“It's
an unfortunate set of circumstances” Marchionne said. “It should
be resolved diplomatically”.
Nessun commento:
Posta un commento