Re: GM's "Put" Option on Fiat - Saab General Bulletin Board - Saabnet.com
The banner above is an advertisment - if it asks you to download software, please ignore.
Site News -
[General |
Members |
C900 |
9000 |
NG900 & OG93 |
93 |
95 |
NG95 |
99 |
Sonett |
Vintage Models |
Clubs |
Other Cars |
FAQs |
Gifts |
Member Photo Galleries |
Member Directory |
Classifieds |
Manuals |
*Buddy Registry |
*Mileage Registry |
Polls |
What's New |
Raffle |
Photo of the Month |
Sponsors]
[Main General Bulletin Board | BBFAQ |
Prev by Date | Next by Date | Post Followup ]
Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos
Re: GM's "Put" Option on Fiat
Posted by ryanathp [Email] (more from ryanathp) on Fri, 10 Jan 2003 04:45:25
In Reply to: GM's "Put" Option on Fiat., J, Fri, 10 Jan 2003 01:13:13
Members do not see ads below this line. - Help Keep This Site Online - Signup
at the beginning of 2001 Fiat's debt was +240% of its worth in assets- and though the company is still listed as Italy's largest private sector employer its current debt is charted at +30 billion euros (this includes its publishing and financial holdings as well as the auto biz).
A de-merger or spin off of Iveco, New Holland and Fiat Avio would not effect the put or 20% GM ownership in Fiat Auto
GM already publicly stated its own pension is underfunded by +19 billion US dollars- so probably not looking to spend alot on Fiat in FY03 although it might be interested in one of its holdings also in the news:
Ferrari may go public with 1/3 of its shares in FY03 as well- & Fiat owns 56% of Enzo's ultra high end auto/formula one car company.
posted by 156.153.255...
Posts in this Thread:
Members do not see ads below this line. - Help Keep This Site Online - Signup
Post a Followup
No Site Registration is Required to Post - Site Membership is optional (Member Features List), but helps to keep the site online
for all Saabers. If the site helps you, please consider helping the site by becoming a member.
StateOfNine.com
|
SaabClub.com
|
Jak Stoll Performance
|
M Car Covers
|
Ad Available
|
Random Saabnet.com Member Gallery Photos (Click Image)
This is a moderated bulletin board - Posting is a privilege, not a right.
Unsolicited commercial postings are not allowed (no spam). Please, no For Sale or Wanted postings, SERIOUSLY.
Classifieds are to be listed in The Saab Network Classifieds pages.
This is a problem solving forum for over 250,000 Saab owners, so expect to see
problems discussed here even though our cars are generally very reliable. This is not an anything goes
type of forum. Saabnet.com has been a moderated forum since 1988. For usage guidelines, see the
Saabnet.com Mission and Purpose Page. Please remember that you are
not anonymous. Site Contact | Site Donations | Other Sites by SP -
Poverty2Prosperity.org | Run Club Menlo Park | ScreenBot
Site Members do not see red text instructions, bottom of the page anchor ads, or box ads.
Click here to see all
the Site Membership Benefits!