MILAN (Reuters) -- Fiat said today that the merger with Chrysler will be effective as of Sunday, Oct. 12, after all conditions for the tie-up to go through are met.
Fiat said no creditors had opposed the merger and the amount of money to be paid to shareholders that chose to sell their shares had not exceeded a 500 million euro ($631 million) cap set by the company.
Shares in the new holding Fiat Chrysler Automobiles will start trading on the New York Stock Exchange on Monday, Oct. 13, Fiat said in a statement.
