Five years after assuming management control of Chrysler Group when it emerged from bankruptcy, Italian automaker Fiat has struck a deal to buy the 41.5 percent stake in the company it did not already own.
Fiat announced last week it has reached an agreement to acquire the final stake in the U.S. automaker for $4.35 billion from the United Automobile Workers (UAW) Retiree Medical Benefits Trust, a Voluntary Employee Beneficiary Association (VEBA) that pays out health care benefits to Chrysler retirees.
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