Martedì, 23 Ottobre 2018
ROME

Fiat Industrial and U.S.-based CNH seal merger agreement

English
© ANSA

Rome, November 26 - Fiat Industrial and US-based
agricultural machinery maker CNH sealed a definitive merger
agreement, CNH announced in a statement Monday.
The terms of the deal between the Italian automaker and the
American agricultural machinery manufacturer are consistent with
Fiat Industrial's final offer announced November 19.
Those terms include a cash dividend of $10 per share to be
paid to minority shareholders prior to the merger's completion.
The merged company will be listed on the New York Stock
Exchange.
It will also "use its reasonable best efforts" to be listed
on the electronic Milan stock exchange, known as the Mercato
Telematico Azionario.

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