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Fiat CEO Sergio Marchionne, the veteran dealmaker who has just wrested full control of Chrysler Group from its union retirees, is about to unveil his next trick: moving the group's 115-year-old headquarters out of Italy.

While Marchionne has said a New York share listing is on the table, he is likely to base the new company in Europe under a tax-efficient UK domicile, sources close to the company say.

He is treading carefully in the United States and Italy, whose governments have bailed out Chrysler and funded temporary layoffs at Fiat. He is aware that Rome may intervene.

 


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Fiat CEO Sergio Marchionne Draws Fire For Plan To Move HQ Outside Italy To Avoid Taxes

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