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Farmall & IHC Tractors Discussion Board

CNH/Fiat?


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Posted by PAULIH300 on January 24, 2005 at 16:08:07 from (152.163.101.13):

I read that CNH agricultural is owned by Fiat in Italy,and they currently are on the throwes of death....hoping a partnership with GM (that GM is now trying to get out of)is going to save them.Question is...is this the same CNH that owns Case/IH? If so...is its future in doubt? GM claims a "put" option is invalid,while Fiat claims GM needs to purchase 90% of Fiat thanks to a prior agreement.
I'm confused on this...could this be the end of those who acquired IH?


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