The Chrysler restructuring is fast taking shape, with the US Supreme Court paving the clearance today. The Fiat group of investors will now takeover most of the Chrysler assets and will now be owning close to 20% of the equity. Another 10% will be with the US government and 2.5% with Canada government.
Balance stake will be with the employee union trust, which is expecting revival of the business fortunes of the company in the restructured setup. The clearance of this case will help in settling General Motors bankruptcy case quickly.





No user commented in " Chrysler bankruptcy cleared by US Supreme Court "
Follow-up comment rss or Leave a TrackbackLeave A Reply