News Headline Summary

Fiat (F IM) are said to discuss financing plans ahead of Chrysler purchase

Says:
- To consider options with banks to strengthen funding.
- Banks are said to pitch Fiat capital increase to boost funding.
- Said to weight paying for part of Chysler with its own shares.

Reaction details (07:04)

- In an immediate reaction; co.'s shares moved 0.60% lower from EUR 4.32 to EUR 4.29.

12 Feb 2013 - 07:02 - Equities - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: