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Fiat Industrial Spun Off
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Joined: 16 Sep 2009
Location: North Dakota
Points: 601 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Spud Quote  Post ReplyReply Direct Link To This Post Topic: Fiat Industrial Spun Off
    Posted: 05 Jan 2011 at 11:26am
It appears that Fiat has split CNH and Iveco Trucks off of Fiat into a separate company called Fiat Industrial.  This is what seems to happen when they want to sell off a division.  I wouldn't be surprised to see them get bought yet.
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Joined: 12 Sep 2009
Location: Afton MN
Points: 41774 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Coke-in-MN Quote  Post ReplyReply Direct Link To This Post Posted: 05 Jan 2011 at 11:39am
A quick look at Fiat shows a company that is into many things and in many countries.


Edited by Coke-in-MN - 05 Jan 2011 at 11:40am
Faith isn't a jump in the dark. It is a walk in the light. Faith is not guessing; it is knowing something.
"Challenges are what make life interesting; overcoming them is what makes life meaningful."
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Joined: 16 Sep 2009
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Points: 601 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Spud Quote  Post ReplyReply Direct Link To This Post Posted: 05 Jan 2011 at 11:41am
But since that they have spun off the Iveco and CNH separately as a different company with its own stock.
I agree they are a big outfit with their fingers in a lot of pies.
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Joined: 29 Oct 2009
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Points: 723 		Post Options Post Options   Thanks (0) Thanks(0)   Quote skipwelte Quote  Post ReplyReply Direct Link To This Post Posted: 05 Jan 2011 at 12:40pm

Agco is supposed to buy CNH, I dont know about Iveco.
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Joined: 16 Sep 2009
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Points: 601 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Spud Quote  Post ReplyReply Direct Link To This Post Posted: 05 Jan 2011 at 2:12pm
There was talk of Agco buying them from Fiat but it did not pass.  However, now that it is a separate public company, Agco could do a takeover hostile or friendly, whichever CNH wants to do.
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