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Tag: Fiat Industrial
Business
CNH, Fiat Industrial appoint Massimiliano Chiara CFO
Fiat Industrial and CNH Global have announced Massimiliano âMaxâ Chiara as the new Chief Financial Officer of both companies. The appointment of Chiara follows the recent resignation of Pablo Di Di, who left to pursue other interests. Chiara served most recently as the CFO and Head of Business Development for Fiat Automobiles Latin America (FIASA). Prior [âŚ]
August 30, 2013
Business
CNH board to hold final vote on Fiat Industrial merger July 23rd
CNH announced today that its Board of Directors will hold the final vote concerning the pending merger with Fiat Industrial on July 23. Fiat Industrial, which owns 87 percent of CNHâs outstanding shares has committed to vote in favor of the merger. The news comes about three and half months after CNHâs Board of Directors [âŚ]
June 4, 2013
Business
CNH Board of Directors approves merger plan with Fiat Industrial
The CNH Global board of directors have approved the companyâs merger plan with Fiat Industrial. The board met February 25 and approved the plan for merging into a NewCo with and as a subsidiary of Fiat. The merger was initially agreed to by CHN back in November. NewCo is a name typically given to startups or merged companies before [âŚ]
February 27, 2013
Business
CNH, Kobelco end agreement
CNH and Kobelco Construction Machinery (owned by Kobe Steel) are âunwindingâ their joint ownership and equity positions in all companies and eliminating any geographical exclusivities, both companies have announced. CNH says it will continue to manufacture excavators incorporating Kobelco technology at its plants in Calhoun, Georgia; Italty and Brazil, and source select models such as [âŚ]
December 27, 2012
Business
Fiat Industrial, CNH reach merger agreement
Fiat Industrial and CNH Global have reached a merger deal that will allow Fiat to absorb the remaining 12 percent of the equipment maker that it doesnât currently own. Under the terms of the transaction, Fiat and CNH will merge into a new company known as NewCo based in the Netherlands and listed on the [âŚ]
November 28, 2012
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Fiat Industrial suggests merger with CNH
CNH Globalâs Board of Directors received a proposal from Fiat Industrial regarding a combination transaction between the two companies that would form a combined holding company. The proposed merger was suggested in a letter sent on May 30 by Sergio Marchionne, chairman of Fiat Industrial S.p.A., to the Board of Directors of CNH. The Board [âŚ]
June 5, 2012
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