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Magneti Marelli’s sale to KKR’s Calsonic Kansei creates an auto-parts maker with more than $17 billion in annual revenue and about 65,000 workers from Tokyo to Milan. Photo: AFP

Mon, Oct 22 2018. 09 14 PM IST

Fiat agrees to sell Magneti Marelli to KKR’s Calsonic Kansei

The transaction, valued at €6.2 billion will create Japan-based Magneti Marelli CK Holdings, which will supply components to Fiat Chrysler through a multi-year agreement

Mike Manley, chief executive officer, Fiat Chrysler. Photo: Reuters

Wed, Sep 12 2018. 09 27 PM IST

Fiat Chrysler is seeking more than $7 billion for Magneti Marelli from KKR

Sale of Magneti Marelli would become one of the first major decisions for Fiat Chrysler CEO Mike Manley

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