iat could be close to raising the cash needed to buy the rest of Chrysler, two people familiar with the matter told Reuters. Apparently, the money will not come from a sale of Alfa to italophile Volkswagen, as previously surmised, but from banks. But knowing banks, they probably won’t simply move the $4 billion across the counter. These days, they often just find a willing buyer for a hefty fee … The talks with the banks are expected to conclude next month, and should lead to raising the money needed to buy the 41.5 percent of Chrysler which are held by VEBA, the United Auto Workers’ retirees’ healthcare trust.
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