Fiat Chrysler CEO Sold $3.5 Million in Shares After Renault Merger Proposal
May 31 2019 - 6:20AM
Dow Jones News
By Max Bernhard
Fiat Chrysler Automobiles NV (FCA.MI) Chief Executive Mike
Manley sold $3.5 million in shares on May 28, a day after the
Italian-American car maker unveiled a proposed tie-up with France's
Renault SA (RNO.FR).
Mr. Manley sold 250,000 Fiat shares for a price of $13.85 each,
according to a filing with Dutch markets regulator AFM.
On Friday, Fiat shares traded 5.1% lower on the Milan stock
exchange, following President Trump's threat to impose tariffs on
Mexican imports.
Write to Max Bernhard at max.bernhard@dowjones.com;
@mxbernhard
(END) Dow Jones Newswires
May 31, 2019 06:05 ET (10:05 GMT)
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