PARIS: With the landmark listing of Fiat Chrysler Automobiles less than two weeks away, chief executive officer (CEO) Sergio Marchionne has a clear criterion for success: more than half of the merged company's shares changing hands in New York instead of Milan.
"If that number were to go 6 million in the US and 4 million in Europe I'd be happy," he told Reuters.That outcome would also be distinctly different from what occurred after Chrysler's 1998 acquisition by Daimler ,in which trading in DaimlerChrysler shares was heavily weighted toward Germany.
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