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AZ Central

Fiat-Chrysler merger path to clarify

April 10, 2013

TURIN, Italy -- The CEO of Fiat, the Italian carmaker that controls Chrysler, said Tuesday he expects to have "clarity" by the end of the year on how it will achieve a full merger with the U.S. auto group. "A merger with Chrysler is inevitable," Sergio Marchionne said, adding that the deal could be completed -- either by a straight buyout of the minority shareholder or by a public share offering -- by as early as his 10th anniversary as Fiat CEO in mid-2014.

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