Italy's Fiat SpA has raised its stake in Chrysler Group LLC by 5 percent to 58.5 percent, meeting a final target set by the U.S. government as the two groups move closer to creating one of the world's leading auto makers.Fiat has managed Chrysler since a 2009 bailout deal with the U.S. government when it paid around $2 billion for its majority stake and agreed a number of conditions to be met before a full merger could take place.Sergio Marchionne, CEO of both groups, has made Fiat one of Europe's top turnaround stories and wants to elevate the company to a global player through Chrysler."The acquisition of a further 5 percent of Chrysler is a fundamental step in completion of the integration between our two groups," Marchionne said in a statement on Thursday.
Itau Unibanco Holding S.A. is a bank in Brazil. The Company has four operational segments: Commercial Banking, Itau BBA, Consumer Credit and Corporate and Treasury. Shares of ITUB remained unchanged at $18.99. In the past year, the shares have traded as low as $14.47 and as high as $24.72. On average, 14403900 shares of ITUB exchange hands on a given day and today's volume is recorded at 0.
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