Analysts at UBS AG said that Chrysler Group LLC, which is operated by Fiat S.p.A., may refinance U.S. government loans by March, enabling Fiat to purchase a bigger stake in the second quarter. Philippe Houchois, the London-based lead analyst on a UBS report, told clients that in Fiat’s de-merger roadshow meetings, it is clear that taking control of Chrysler is a priority.
Fiat has been making moves to spin off its truck and tractor divisions to focus on carmaking and as part of this plan, it has been briefing analysts.
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