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BRIEF-Fiat Chrysler launches placement of 1.17 pct stake in CNH Industrial
March 16, 2017 / 5:01 PM / 6 months ago

BRIEF-Fiat Chrysler launches placement of 1.17 pct stake in CNH Industrial

March 16 (Reuters) - Fiat Chrysler Automobiles says:

* to launch placement of CNH Industrial shares equal to a 1.17 percent stake in the trucks and tractor maker via an accelerated bookbuilding to certain institutional investors

* bookbuilding to commence immediately

* Societe Generale to act as sole bookrunner for the placement Further company coverage: (Reporting by Milan newsroom)

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