Home News Daimler denies report of interest in Fiat Industrial

Daimler denies report of interest in Fiat Industrial

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740476_1345689_400_267_09C1021_03_comp HANNOVER ( Dow Jones) – Daimler AG on Wednesday rejected a media report of an interest in Fiat Industrial. (Photo : Daimler)

"In each of our industry talks to everyone – even on collaborations, " a spokeswoman for the Stuttgart DAX group said on Wednesday. However, nothing in talks with Fiat about the automotive business Turnin , which also includes truck subsidiary Iveco is one .
The Italian newspaper La Repubblica wrote on Wednesday without giving sources , the Stuttgart carmaker Fiat SpA has made a preliminary offer of EUR 9 billion to the industry sector . However, Fiat urge EUR 10.5 billion. Because the report was the Daimler shares fall in the stock market under pressure and lost more than 2 %.
Fiat split from the rest of the automotive part business ( Industrial from Fiat ). For the industrial sector next Iveco also includes agricultural and construction equipment division Case New Holland and parts of the powertrain manufacturing.

Website: www.repubblica.it
– By Katharina Becker , Dow Jones Newsires ,
+49 – ( 0) 69 297 25 112 , katharina.becker @ dowjones.com
DJG / cat / ncs / brb / voi