Ec Oks Fiat Buy of 20% Chrysler Stake

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MANAVIGATOR-July 27, 2009-EC Oks Fiat buy of 20% Chrysler stake (C)2010 M2 COMMUNICATIONS http://www.m2.com

The European Commission said on Friday it had approved the acquisition by Italian carmaker Fiat (BIT:F) of a 20% stake in US sector player Chrysler LLC, as the deal raises no competition concerns by enabling Fiat to have full control of the US company.

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Ec Oks Fiat Buy of 20% Chrysler Stake

With the deal the Italia...

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