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ld's seventh-largest carmaker, but has not were able to agree a price with a retired person healthcare trust, which is linked to the UAW, and which in turn owns forty one. 5 percent of Chrysler.

The unions believe a merger " is indispensable and definitely will create progress opportunities for all of you group's industrial facilities and benefits for workers, " Ferdinando Uliano, head of the Italian FIM-CISL union, said in a statement after a trip to america to meet the UAW.

Fedex, which has 54.99. 5 percent of Chrysler, as well as the healthcare trust, Veba, are thought to be far aside on the value.

Veba is usually believed to be holding out for optimum payout of nearly $6 billion, when Fiat is thought to worth the risk at far less and does not wish to a lot more than it really worth.

Neither part has commented about the price negotiations.

The UAW started to be Chrysler's second-largest sharehold

Oct 24 (Reuters) - The United Autoworkers' Union (UAW) and a great Italian version strongly backside plans for any merger among Fiat and U. T. unit Chrysler, the Italian union stated on Thurs, lending effective support for a deal which has got bogged down on cost.

Sergio Marchionne, head of both Fiat and The chrysler, is keen for a deal that would generate the planet's seventh-largest carmaker, but has not managed to consent a price which has a retiree health care trust, which can be affiliated for the UAW, and which has 41. 5 percent of Chrysler.

The assemblage believe a merger " is indispensable and will create growth opportunities for all of the group's factories and benefits for workers, " Ferdinando Uliano, head in the Italian FIM-CISL union, said in a declaration after a vacation to the United States to fulfill the UAW.

Fiat, that has 58. 5% of Chrysler, and the healthcare trust, Veba, are thought to be significantly apart within the price.

Veba is believed to be holding out intended for the highest possible payout of practically $6 billion, while Redbull is considered to value the stake at far less and want to overpay.

Not side offers commented regarding the price transactions.

The UAW became Chrysler's second-largest aktionar when the automaker emerged coming from bankruptcy last season and the union took a stake instead of future health-related payments. VEBA manages all those healthcare rewards on behalf of the union.

March 24 (Reuters) - The United Autoworkers' Union (UAW) and a great Italian comparable version strongly back plans for a merger between Fiat and U. H. unit The chrysler, the Italian language union explained on Thurs night, lending highly effective support for any deal containing got bogged down on cost.

Sergio Marchionne, head of both Redbull and Chrysler, is enthusiastic for a deal that would produce the world's seventh-largest carmaker, but has not managed to acknowledge a price having a retiree health care trust, which is affiliated for the UAW, and which owns 41. 5 percent of Chrysler.

The unions believe a merger " is fundamental and will make growth options for all of the group's factories and benefits to get workers, " Ferdinando Uliano, head in the Italian FIM-CISL union, explained in a declaration after a trip to the United States in order to meet the UAW.

Fiat, containing 58. 5 percent of Chrysler, and the healthcare trust, Veba, are thought to be far apart around the price.

Veba is thought to be holding out to get the highest possible payment of practically $6 billion dollars, while Redbull is thought to value the stake at far less and want to overpay.

Nor side features commented regarding the price discussions.

The UAW became Chrysler's second-largest shareholder when the automaker emerged coming from bankruptcy last season and the union took a stake in place of future health care payments. VEBA manages all those healthcare benefits on behalf of the union. April 24 (Reuters) - The United Autoworkers' Union (UAW) and an Italian version strongly back plans for any merger between Fiat and U. H. unit Chrysler, the German union said on Thurs, lending powerful support for a deal which has got bogged down on cost.

Sergio Marchionne, head of both Fiat and The chrysler, is keen for a package that would...

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