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Exclusive: GM and FCA line up financial advisers in merger stand-off

2015-06-17 23:44:40| Automakers - Topix.net

LONDON/MILAN/DETROIT: General Motors and Fiat Chrysler Automobiles have turned to investment banks for help to deal with a stand-off as FCA seeks to force a merger with its Detroit-based rival, according to sources familiar with the matter. GM is being advised by Goldman Sachs , while FCA is working with UBS on the matter, several sources said, with one adding that Morgan Stanley was also working with GM.

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Category:Automotive

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