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Fiat’s shareholder to vote next month on Chrysler merger

Italian carmaker, Fiat has announced it had called a shareholder meeting on August 1 to approve its merger with its US unit, Chrysler, Reuters has reported. Shareholders would be asked to vote on the cross-border merger of Fiat with and into its wholly-owned Dutch subsidiary Netherlands Fiat Investments N.V. A shareholder meeting in August should allow Fiat CEO, Sergio Marchionne, to list the merged Fiat Chrysler Automobiles in New York as planned before the end of this year.