Is Fiat setting stage to spin off auto unit?
Article Abstract:
Fiat S.p.A. of Italy has invested 6 billion Euros (approximately $8 billion) into it's parent company, sparking speculation that a sale is pending for the automobile unit. The Italian automobile giant is in a financial turnaround and is valued at 7.97 billion Euros from 5.81 million Euros last year.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Financial management, Management dynamics, Management, Finance, Company business management, Company financing, Company overview
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Fiat's net gets strong lift from its core car division
Article Abstract:
Second-quarter net profit for Fiat S.p.A. increased by more than double, rising to $818 mil, helped by strong sales and a reduction of net debt. Revenue increased by 12%.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Sales, profits & dividends, Company sales and earnings, Company earnings/profit
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
Subjects list: Italy, Automobile industry, Fiat S.p.A., Financial report
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