EXOR supports the combination between Fiat Industrial and CNH Global N.VMay 30, 2012
EXOR supports the proposed combination between Fiat Industrial and CNH Global N.V. announced today.
“The simplification of the capital structure and the related corporate governance will yield significant benefits to all the shareholders of the two companies. The dual listing in U.S. and Europe will further strengthen the visibility in the capital markets of the third largest capital goods business in the world and significantly increase its strategic flexibility”, said John Elkann, Chairman and CEO of EXOR.
EXOR confirms its determination to remain a long-term shareholder of the new entity.