• Jan 1, 2011
According to Bloomberg, Monday will be an interesting day for Fiat. January 3, 2011 marks the day that investors will be able to assign value to the stocks of the newly split company. Fiat Industrial SpA, which includes Iveco trucks and CNH Global NV (Case, New Holland), has officially separated from the company's automotive arm. Early estimates seem to indicate that the truck and tractor section of Fiat will likely open at €9.40 per share ($12.59 USD), while Fiat automotive is expected to start trading at €6.65 ($8.92). If true, that means that the two companies will begin trading at roughly 7.1 percent more than what the old unified Fiat saw at the close of trading on Wednesday.
The split marks the largest change in the 111-year history of Fiat, and investors who currently own stock in Fiat SpA will also receive equivalent shares in Fiat Industrial SpA. Regardless of how the two stocks open, analysts expect to see plenty of fluctuations in prices for the first day or two as investors try to get a handle on the change.

[Source: Bloomberg]


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    • 1 Second Ago
  • 2 Comments
      • 4 Years Ago
      Industrial vehicle production is growing and it's extremely profitable. VW's ever increasing stake in Scania and MAN is an indicator just how seriously companies are taking this segment. Good luck to Fiat Industrial SpA. Certainly a stock to recommend purchasing.
      • 4 Years Ago
      Might work well in the long term.