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As it did with Ferrari, Fiat Chrysler spinning off Magneti Marelli

MILAN — Fiat Chrysler said on Thursday its board had tasked management to proceed with spinning off Magneti Marelli and distributing shares in a new holding for the 99-year old parts business to FCA investors.

Source: https://www.autoblog.com/2018/04/05/fiat-chrysler-magneti-marelli-spinoff/
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